Interest is defined as the cost of borrowing money or the rate paid on a deposit to an investor. Interest can be classified as simple interest or compound interest.  ( 25 min )

Countries attempt to balance interest rates and inflation, but the interrelationship between the two is complex and can influence exchange rates.  ( 21 min )

The CAMELS rating system is a bank-rating method in which banks are rated on capital adequacy, asset quality, management, earnings, liquidity, and sensitivity,  ( 25 min )

There are several reasons to sell shares. Here’s how investors know when to hold them and when to fold them.  ( 24 min )

Find out how to avoid becoming a victim of consumer fraud by knowing about these common scams.  ( 30 min )

DocuSign shares rise after the e-signature company boosts its fiscal-year outlook, General Motors says its electric vehicles will be able to access Tesla's supercharging network, Tesla stock has closed higher for 10 straight sessions, and NIO's quarterly losses widen.  ( 22 min )

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Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 19 min )

Hafize Gaye Erkan’s appointment represents a possible return to more-orthodox economic policies.  ( 32 min )

(Bloomberg) -- Some of the world’s largest investment banks have started distancing themselves from hedge fund manager Crispin Odey, hours after the publication of fresh allegations of sexual assault against women over several decades. Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseLeaving New York for Miami Can Save Nearly $200,000S&P 500 E  ( 8 min )

(Bloomberg) -- The widening disconnect between stocks and bonds suggests a 20% downside risk for equities if bonds are proved correct in pricing inflation volatility, according to modeling by JPMorgan Chase & Co. strategists.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsRussian Elite Is Souring on Putin’s Chances of Winning His WarDonald Trump Charged in Florida Over Secret Documents CaseLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull  ( 7 min )

China's factory gate prices fell faster than expected in May, as faltering demand weighed on manufacturing, impeding the fragile economic recovery, and consumer inflation missed expectations, data showed on Friday. The producer price index (PPI) for May fell for an eighth consecutive month, down 4.6%, the National Bureau of Statistics (NBS) said. China's economy grew faster than expected in the first quarter, but recent data showed factory activity contracted and imports fell in May.  ( 5 min )

De maandelijkse energierekening ligt nu gemiddeld dertig euro lager dan tijdens de piek afgelopen december, blijkt uit een analyse van ING. Het prijsplafond en de lagere tarieven zijn eindelijk voelbaar in de portemonnee van de consument.  ( 4 min )

De maandelijkse energierekening ligt nu gemiddeld dertig euro lager dan tijdens de piek afgelopen december, blijkt uit een analyse van ING. Het prijsplafond en de lagere energietarieven zijn eindelijk voelbaar in de portemonnee van de consument.  ( 4 min )

Een jongen die onder meer aan een sojafles likte in een Japans restaurant en zijn actie liet filmen, kan een gepeperde rekening verwachten. Sushiketen Sushiro eist namelijk een forse schadevergoeding van de 'sushiterrorist' voor de dalende omzet.  ( 4 min )

Alle zes bedrijven die bagage op Schiphol afhandelen, hangt een boete boven het hoofd. De fysieke belasting is gevaarlijk voor hun medewerkers, oordeelt de Arbeidsinspectie. Kun jij ons meer vertellen over dit zware werk? En heb jij ideeën voor oplossingen?  ( 2 min )

Omdat de zon in mei volop scheen, zijn Nederlanders weer aan het tuinieren geslagen. Bij veiling FloraHolland was de omzet aan verhandelde tuinplanten 22,5 procent hoger dan vorig jaar. Vooral petunia's, hortensia's en geraniums waren populair.  ( 4 min )

De Verenigde Staten en het Verenigd Koninkrijk gaan economisch nauwer samenwerken. Met de zogenoemde Atlantische Verklaring willen ze Rusland en China meer tegenwicht bieden.  ( 3 min )

Een jongen die onder meer aan een sojafles likte in een Japans restaurant en zijn actie liet filmen, kan een gepeperde rekening verwachten. Sushiketen Sushiro eist namelijk een forse schadevergoeding van de 'sushiterrorist' voor de dalende omzet.  ( 4 min )

Wie straks een burgertje wil uitzoeken in de Lidl kan straks in één handbeweging voor de vegetarische variant kiezen. De discounter gaat de vier best lopende vleesvervangers namelijk direct naast het vlees leggen in de koeling.  ( 3 min )

Het ziekteverzuim op de werkvloer lag in het eerste kwartaal van 2023 beduidend lager dan een jaar eerder. In alle bedrijfstakken daalde het aantal dagen dat medewerkers zich ziek meldden.  ( 4 min )

De Participatiewet, die sinds 2015 de bijstand regelt, heeft een te grote focus op betaald werk. Daardoor krijgen bijstandsgerechtigden niet altijd voldoende hulp bij hun problemen, concludeert het Sociaal en Cultureel Planbureau (SCP) in een nieuw onderzoek.  ( 3 min )

Nederlanders sluiten de laatste tijd weer veel energiecontracten af waarin de tarieven voor langere tijd vastliggen. Vooral de jaarcontracten doen het goed, merkt vergelijkingssite Independer. Ook Eneco en Essent zien dat veel mensen op zoek zijn naar zekerheid.  ( 4 min )

While a strong U.S. dollar benefits some, it negatively impacts others. These are the advantages and disadvantages of a strong U.S. dollar, and who gains and loses.  ( 22 min )

Devaluation is the deliberate downward adjustment to the value of a country's currency relative to another currency or standard.  ( 23 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

A cut-off score is a minimum credit score an individual may need to get a loan or other form of credit from a particular lender.  ( 22 min )

Savings account rates are at record highs, giving you multiple options that earn more than 5%, including a top nationwide rate of 5.12% APY.  ( 18 min )

Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.  ( 19 min )

State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.  ( 19 min )

Check U.S. Bank’s current savings account interest rates, and see how they compare to the top accounts in the market today.  ( 18 min )

A clean-up requirement is a stipulation that is intended to help lenders ensure that borrowers who use revolving lines of credit pay their debts.  ( 20 min )

If you’re looking for a flexible way to earn more interest on your savings, Fidelity Investment’s Cash Management Account offers a modest APY and unique perks worth considering.  ( 20 min )

Markets rose, led by tech stocks, on expectations the Fed may pause raising interest rates at its meeting next week.  ( 16 min )

A rare pair of Air Jordan sneakers that are an iconic part of basketball history are up for auction and likely to fetch more than $1 million.  ( 16 min )

An amortized loan is a loan with scheduled periodic payments of both principal and interest, initially paying more interest than principal until eventually that ratio is reversed.  ( 21 min )

Learn more about the top 10 countries that have the most disposable income per capita.  ( 24 min )

Despite muted trading volumes, the Dow Jones Industrial Average rose 0.5%, or 169 points, as investors digested data that suggested rising interest rates may finally be hitting the labor market.  ( 16 min )

A covenant is a commitment in a bond or other formal debt agreement that certain activities will or will not be undertaken.  ( 30 min )

More and more alternative lenders have emerged for business owners. But beware: Some offer better terms than others.  ( 20 min )

Earning the CFA certification can be a grueling process. Before you commit, read what it takes to become a CFA and how it could benefit your career.  ( 25 min )

Ever since world currencies abandoned the gold standard, many currency devaluation events have sent disruptive ripples across the globe.  ( 22 min )

More than two-third of potential homebuyers say they would be sidelined if the Federal Reserve continues to hike interest rates and a lack of homes on the market push prices higher.  ( 16 min )

The amount of power produced from Q1 solar installations in the U.S. was up 47% from 2022, setting an all-time Q1 high as delayed projects came online.  ( 16 min )

A homeowner association (HOA) makes and enforces rules for a subdivision, planned community, or condominium building; its members are residents.  ( 26 min )

An invoice records itemized transactions and is used for expense management and bookkeeping.  ( 25 min )

iPhones are the biggest revenue source, but its services business has the largest margins.  ( 27 min )

Carvana shares surged to their highest level in more than eight months after the company said its cost-cutting moves are working, and raised its current quarter guidance.  ( 16 min )

Light & Wonder, Rivian Automotive, and MINISO Group Holding are the top consumer discretionary stocks for best value, fastest growth, and most momentum, respectively.  ( 21 min )

Financing is the process of providing funds for business activities, making purchases, or investing.  ( 24 min )

Turnkey properties can make sense for people who want a real estate investment without truly being in the real estate business.  ( 22 min )

Monopolistic competition exists when many companies offer competitive products or services that are similar, but not exact, substitutes.  ( 25 min )

Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver.  ( 28 min )

A minority IPO, also known as a partial IPO, is a type of initial public offering (IPO) in which a parent company partially divests itself of one of its subsidiaries.  ( 18 min )

Far too many novice house flippers overlook the basics and end up failing. These are the five biggest mistakes that would-be flippers make.  ( 27 min )

Hire purchase agreements allow buyers to purchase expensive goods, but they don't own the goods until the last installment has been paid.  ( 23 min )

A payment gateway is the front-end technology that reads payment cards and sends customer information to the merchant acquiring bank for processing.  ( 22 min )

Just days after suing some of the largest crypto exchanges in the world, SEC chief Gary Gensler was scathing in his criticism of crypto firms, saying that they are subject to U.S. securities laws.  ( 17 min )

Research shows that companies with socially inclusive, LGBTQ+-friendly policies have stronger employee retention and improved share performance.  ( 24 min )

The envelope budgeting system is designed to make it easier to track cash spending each month. Learn how it works.  ( 22 min )

Stitch Labs, Weebly, Verse Technologies, Eloquent Labs, and Third Party Trade are all major companies owned by Square (Block).  ( 23 min )

Absolute advantage allows an entity to produce a greater quantity of the same good or service with the same constraints than another entity. Learn how it impacts trade.  ( 26 min )

"Discount rate" has two distinct definitions. It can refer to the interest rate the Federal Reserve charges banks for short-term loans, but it's also used in future cash flow analysis.  ( 28 min )

Read about some of the most important and impressive investments of Elon Musk, the engineer and tech superstar who has founded multiple businesses.  ( 23 min )

U.S. equities gained at midday on Thursday, June 8, 2023, boosted by tech stocks after a greater-than-expected rise in weekly unemployment claims raised speculation the Fed might pause raising interest rates to fight inflation.  ( 16 min )

As office leases expire, tenants will downsize, leaving landlords unable to pay mortgages.  ( 17 min )

The International Petroleum Investment Company (IPIC) is an investment organization that manages the wealth fund for Abu Dhabi, United Arab Emirates.  ( 17 min )

Rates on 30-year mortgages dipped slightly, keeping them wavering in a narrow range over the last four days. Averages were also down or steady for almost every other loan type.  ( 19 min )

An excess judgment loss is the additional amount that an insurer must pay above the policy limit.  ( 19 min )

Signet Jewelers shares fell after it cut its guidance on slow Mother's Day sales and consumer caution.  ( 16 min )

American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.  ( 20 min )

The Internal Revenue Service has apologized to taxpayers who were sent payment demands months ahead of schedule.  ( 17 min )

A lender is an individual, a group, or a financial institution that lends funds with the expectation that the funds will be repaid.  ( 22 min )

GameStop shares plunged after the electronics retailer fired CEO Matthew Furlong and named activist investor and board member Ryan Cohen as executive chair as sales fell.  ( 17 min )

The Consumer Bankers Association (CBA) is a U.S. trade organization representing financial institutions offering retail lending products and services.  ( 20 min )

A billionaire is an individual who has assets or a net worth of at least one billion currency units, such as dollars or euros.  ( 20 min )

A special economic zone is a designated area in a country that is subject to unique economic regulations that differ from other areas in the same country.  ( 22 min )

Top healthcare stocks include Theravance Biopharma for best value, Dr Reddy's Laboratories for fastest growth, and Viking Therapeutics for most momentum.  ( 21 min )

Cal-Maine Foods is top for value and e.l.f. Beauty is top for growth and momentum, respectively  ( 20 min )

Claims for unemployment insurance were made at a rate not seen since October 2021, signaling that the high-flying labor market may finally be losing altitude.  ( 16 min )

Investopedia’s simple loan calculator will help you understand what your potential monthly payment would be and what you need to know before taking out a loan.  ( 16 min )

U.S. savings bonds and certificates of deposit (CDs) are both safe investments that offer modest returns. Which one you choose depends on your time line.  ( 24 min )

Ltd. is an abbreviation for "limited," a type of incorporation used in the United Kingdom, Ireland, Canada, and other Commonwealth countries.  ( 22 min )

While the region's gross domestic product hit a statistically significant marker of a recession, economists have not yet sounded the alarm.  ( 16 min )

A loan amortization schedule shows how much interest and principal you will be paying off each month for the term of a loan.  ( 15 min )

New lease signings surged in May and listings were still historically low, putting pressure on rent prices in Manhattan, Queens and Brooklyn.  ( 17 min )

Sampling is a process used in statistical analysis in which a group of observations are extracted from a larger population.  ( 25 min )

President Joe Biden vetoed legislation that would block his student loan forgiveness program and GameStop shares dropped after it fired its CEO and elevated Chewy-founder Ryan Cohen to executive chair. Here’s what investors need to know today.  ( 18 min )

Charging you interest is one way that credit card companies make money. Here is how credit card interest works—and how to pay less of it.  ( 27 min )

An asset is a resource owned by an individual or business that provides present or future value.  ( 22 min )

The Emergency Banking Act of 1933 was passed to restore investor confidence and stabilize banks in the wake of the Great Depression.  ( 24 min )

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Long market slump was especially painful for Americans saving for retirement, with their investments losing $3 trillion in value.  ( 6 min )

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(Bloomberg) -- The Bloomberg Invest conference resumed Thursday with some of the most influential leaders in finance gathering in New York for conversations on a wide range of topics, including artificial intelligence, cryptocurrencies and venture capital.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally Resume  ( 13 min )

The e-signature company has cut jobs and changed leadership in response to slower growth.  ( 27 min )

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According to a translated copy of an internal memo, Binance's CEO said the leaked chat logs "did a lot of damage."  ( 6 min )

The stock just missed finishing at a new 52-week closing on Thursday. There are a couple of reasons the shares have been gaining ground.  ( 34 min )

(Bloomberg) -- Short sellers in Carvana Co. just passed a grim milestone: more than $1 billion in losses this year.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally Resumes: Markets WrapBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersA hot streak for the struggling used-car dealer has spelled only troub  ( 7 min )

E-signature company DocuSign beat street estimates on every metric. The company raised full-year guidance.  ( 22 min )

Yet another big tech baron is beckoning workers back to the office. Now Google is doubling down on enforcing in-person work, according to a new company notice.  ( 9 min )

The S&P 500 is now in what Wall Street refers to as a bull market, meaning the index has risen 20% or more from its most recent low. WHY IT IS CALLED A BULL MARKET? Wall Street’s nickname for a surging stock market is a bull market because bulls charge, said Sam Stovall, chief investment strategist at CFRA.  ( 7 min )

Carvana stock surged Thursday on its updated guidance and a focus on profitability.  ( 7 min )

Cows, like all living mammals, produce greenhouse gases, which could threaten their existence. According to the Telegraph, Ireland is reportedly considering killing 200,000 cows in the country to meet the European Union’s climate targets. Not everyone is a fan of this method. “Reports like this only serve to further fuel the view that the government is working behind the scenes to undermine our dairy and livestock sectors,” said Tim Cullinan, president of the Irish Farmers’ Association. It also  ( 9 min )

Stocks have now risen more than 20% since their October lows, marking a new bull market for the S&P 500.  ( 8 min )

Mexican-style lager Modelo Especial outsold the popular Anheuser-Busch last month, new sales data shows.  ( 6 min )

(Bloomberg) -- The US Securities and Exchange Commission asked a federal court for permission to use “alternative means” to serve papers to Binance Holding Ltd. and Changpeng Zhao, noting that the crypto executive is “famously protective of revealing his whereabouts.”Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersLeaving New York for Miami Can  ( 6 min )

Warren Buffett, the brilliant billionaire investor renowned for his frugality and investment genius, has proven time and again that his wisdom extends far beyond the realm of finance. Recently, Buffett offered direct advice to introverts seeking to navigate the fast-paced and often extrovert-centric business landscape, shedding light on his own experiences and the strategies he employed to overcome obstacles. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Sta  ( 7 min )

Costumed retreats and ‘vibe managers’ ignore the fact that offices aren’t supposed to be fun  ( 26 min )

Carvana stock surged Thursday on its updated guidance and a focus on profitability.  ( 7 min )

ARK Invest’s CEO said that the SEC’s prompt action against Coinbase following the Binance lawsuit was “unfortunate.”  ( 7 min )

Microsoft, Nvidia, AMD, Meta Platforms, and Alphabet stocks have surged. They aren't in bubble territory, however, when considering valuations relative to historical data.  ( 22 min )

The electric-vehicle maker, which needs cash for the production of trucks, extends voting to July.  ( 28 min )

TD Cowen analyst Matthew Ramsay says chips within phones, such as those the company makes, could handle some of the processing for AI queries.  ( 22 min )

Donald Trump on Thursday asked for a new trial in the civil case brought by E. Jean Carroll, in which a Manhattan jury last month found the former U.S. president liable for sexually abusing and defaming the writer and awarded her $5 million in damages. In a filing in Manhattan federal court, Trump's lawyers said the jury's $2 million award for the sexual abuse portion of the verdict was "excessive" because the jury had found that Carroll was not raped, and that the conduct Carroll alleged did not cause any diagnosed mental injury. A lawyer for Carroll had no immediate comment.  ( 6 min )

A year ago, Google greeted staff members coming back to the office for the first time with a lavish party.  ( 10 min )

The online used-car retailer says its cost-cutting efforts are taking hold.  ( 34 min )

U.S. crude prices fell nearly 5% Thursday after a report of U.S.-Iran talks on a temporary nuclear deal that would allow the Islamic Republic to export more crude. Middle East Eye reported that the countries are [nearing a stopgap agreement](https://www.middleeasteye.net/news/iran-us-nuclear-near-i  ( 20 min )

Research firm Energy Aspects is slashing its oil price forecast by $15 a barrel for the second half of the year, citing three factors that don't ordinarily play a major role in the game of predicting crude's direction. According to Energy Aspects' report out today: Higher rates: Interest r  ( 22 min )

Tesla stock is on pace for its 10th consecutive gain. Here's one reason why the shares are on fire.  ( 25 min )

O’Leary criticized Coinbase Global (COIN) leadership for “butting heads” with the SEC – which on Tuesday sued the cryptocurrency exchange for acting as an exchange, a broker, and a clearing agency without registering.  ( 8 min )

(Bloomberg) -- The unwinding of balance sheets by major central banks will soon begin to bite, causing a massive siphoning of liquidity from markets, hitting risk assets while driving bond yields and the dollar higher, according to BNP Paribas SA.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseLeaving New York for Miami Can Save Nearly $200,0  ( 7 min )

Shares of Tesla just keep on rising. The electric automaker's stock, recently up nearly 4% to about $232, is on track to finish higher for a tenth straight session, according to Dow Jones Market Data. That would represent its longest winning streak since an 11-session run that ended in January 202  ( 19 min )

Carvana (CVNA) stock was trading 25% higher on Thursday after the online car retailer raised its outlook.  ( 7 min )

FuelCell Energy Inc (NASDAQ: FCEL) reported second-quarter FY23 revenues of $38.35 million, more than double from $16.38 million a year ago, beating the consensus of $25.45 million. "Revenue growth in the quarter was largely driven by revenues from long-term service agreements, primarily relating to the new module exchanges at the plant owned by Korea Southern Power Company ("KOSPO") in Korea that were completed during the quarter," commented Jason Few, President and Chief Executive Officer. The  ( 7 min )

The stock market has climbed a wall of worry to start the year and is nearing a bull market. Now the fun part begins. It’s time to enjoy a new bull market.  ( 38 min )

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"I'm extremely excited. I think that this is a the greatest revolution—bigger than the internet revolution," said famed investor Dalio, who founded Bridgewater Associates.  ( 7 min )

Sara Devereux, head of fixed income at Vanguard, oversees a unit with more that $2 trillion in assets. Her take on Treasuries, corporates, munis, and more.  ( 25 min )

Last summer, Elon Musk went on record describing lithium as ‘the new oil,’ pointing out that the light metallic element now forms a vital link in the automotive industry and supply chain. Lithium is an essential component of modern rechargeable battery technology and is found in everything from smartphones and tablets to laptop computers to electric-powered bicycles and automobiles. That last application, to electric vehicles (EVs), is a rapidly growing niche, as both political and social incent  ( 10 min )

Stocks were little changed on Thursday as the artificial intelligence driven rally awaits a new catalyst.  ( 8 min )

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Lower market values make companies vulnerable to being bounced from the key index.  ( 25 min )

(Bloomberg) -- Shares in used-car retailer Carvana Inc. soared as much as 32% in premarket trading after the struggling company said its operations are improving in the second quarter.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsRay Dalio Says US at Beginning of ‘Late, Big-Cycle Debt Crisis’Messi Spurns $400 Million Saudi Offer to Join B  ( 7 min )

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There are different financial vehicles that you can use to save for retirement. A Roth individual retirement account is one option; an annuity is another. A Roth IRA annuity combines features of both into a single financial tool. You can … Continue reading → The post Using a Roth IRA Annuity for Retirement appeared first on SmartAsset Blog.  ( 9 min )

With smart money management, retiring at 55 years old with $6 million could be a breeze. But a lot of work has to go into the strategies you make and the actions that you take. That also includes how you … Continue reading → The post Is $6 million Enough to Retire at 55? appeared first on SmartAsset Blog.  ( 9 min )

Carvana now anticipates to achieve second-quarter adjusted Ebitda of $50 million.  ( 22 min )

Gamestop fired its CEO Wednesday with no explanation. Wall Street hasn't reacted positively.  ( 8 min )

Stocks were little changed on Thursday as the artificial intelligence driven rally awaits a new catalyst.  ( 8 min )

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FuelCell reports a second-quarter loss of 9 cents a share on revenue of $38.3 million.  ( 25 min )

Stocks were little changed on Thursday as the artificial intelligence driven rally awaits a new catalyst.  ( 8 min )

Wolfe Research analyst Shreyas Patil downgraded shares of EV start-up Fisker to Sell from Hold, Thursday, according to stock market ratings aggregators. His price target for the stock is $6.  ( 22 min )

The start-up, which makes trucks powered by battery and hydrogen fuel cells, wants to issue more shares, a necessary precursor to raising more capital.  ( 22 min )

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A new CEO is set to join the chip supplier which analysts say could result in aggressive actions around costs leading to a turnaround.  ( 22 min )

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(Bloomberg) -- The artificial intelligence hype that has propelled US technology stocks in the past few weeks is showing signs of fatigue.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally Resumes: Markets WrapBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersTech is the worst-performing industry group in  ( 8 min )

Google would also allow a full-time remote arrangement only in exceptional cases, the tech giant said.  ( 9 min )

(Bloomberg) -- Bonds are slumping from the US to Australia as early hawkish signs from this month’s slew of central-bank meetings spurred traders to renew bets on an extended interest-rate hiking cycle. Most Read from BloombergThese Are the World’s 20 Most Expensive Cities for Expats in 2023Tech Stocks Sputter as Traders Consider July Hike: Markets WrapFlights to LaGuardia Airport Grounded as Smoke Blankets NYCMessi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiDam Destroyed in the Dead  ( 7 min )

Oil producers Devon Energy and Marathon Oil stand to gain as their operational costs ease, says Citigroup.  ( 22 min )

Worries that have dogged U.S. stocks for months are fading, pushing some Wall Street firms to raise their outlooks for equities and beckoning investors who have remained on the sidelines. Signs of strength in the economy, relief over a deal to raise the U.S. debt ceiling and an interest rate hiking cycle that may be nearing its end have heartened investors and driven the benchmark S&P 500 up nearly 20% from its October low - one definition of a bull market. And while computer-driven strategies have been piling into the market for months, according to Deutsche Bank, positioning among discretionary investors -- a cohort that includes everyone from active mutual funds to retail investors -- is lighter than it has been 74% of the time since 2010, the bank’s data showed.  ( 8 min )

Sara Devereux, head of fixed income at Vanguard, oversees a unit with more that $2 trillion in assets. Her take on Treasuries, corporates, munis, and more.  ( 22 min )

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Gold prices climbed more than 1% on Thursday as the dollar and bond yields slipped after data showed U.S. weekly jobless claims surged last week, cementing expectations that the Federal Reserve will pause its interest rate hiking cycle. Spot gold rose 1.4% to $1,967 per ounce by 12:03 p.m. EDT (1603 GMT). The number of Americans filing new claims for unemployment benefits surged last week, suggesting that the labour market was slowing amid mounting risks of a recession.  ( 7 min )

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(Bloomberg) -- Investors look set to pile into the copper market on an unprecedented scale in the next few years as usage surges in electric vehicles and renewable energy, according to Citigroup Inc.Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiBonds Everywhere Are Suffering as Rate-Hike Fears Swamp TradersFlights to LaGuardia Air  ( 9 min )

Oil prices fell $3 a barrel on Thursday as demand weakness and a report that the U.S. and Iran may be approaching a deal on oil exports outweighed expectations of tighter Saudi supply and a potential pause to U.S. interest rate hikes. Oil fell on a news report, citing sources, that Iran and the U.S. are nearing a temporary deal that would trade some sanctions relief in exchange for reducing Iran's uranium enrichment. At an OPEC+ meeting on Sunday, Saudi Arabia said it will cut its crude output by 1 million barrels per day in July on top of a broader deal to limit supply into 2024 as the producer group seeks to boost flagging prices.  ( 7 min )

(Bloomberg) -- A lawyer representing Charlie Javice accused the US of deploying “hide-the-ball” legal tactics in an effort to gain an advantage in its criminal prosecution of the Frank founder.Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiBonds Everywhere Are Suffering as Rate-Hike Fears Swamp TradersFlights to LaGuardia Airport G  ( 8 min )

The company wants to issue more shares, a necessary precursor for raising more capital.  ( 22 min )

Despite muted trading volumes, the Dow Jones Industrial Average rose 0.5%, or 169 points, as investors digested data that suggested rising interest rates may finally be hitting the labor market.  ( 1 min )

Markets rose, led by tech stocks, on expectations the Fed may pause raising interest rates at its meeting next week.  ( 1 min )

U.S. equities gained at midday on Thursday, June 8, 2023, boosted by tech stocks after a greater-than-expected rise in weekly unemployment claims raised speculation the Fed might pause raising interest rates to fight inflation.  ( 1 min )

President Joe Biden vetoed legislation that would block his student loan forgiveness program and GameStop shares dropped after it fired its CEO and elevated Chewy-founder Ryan Cohen to executive chair. Here’s what investors need to know today.  ( 1 min )

Carvana shares surged to their highest level in more than eight months after the company said its cost-cutting moves are working, and raised its current quarter guidance.  ( 1 min )

Signet Jewelers shares fell after it cut its guidance on slow Mother's Day sales and consumer caution.  ( 1 min )

GameStop shares plunged after the electronics retailer fired CEO Matthew Furlong and named activist investor and board member Ryan Cohen as executive chair as sales fell.  ( 1 min )

Een op de tien volwassenen heeft te maken met opstapelende mentale problemen. Om hulp vragen kan moeilijk zijn, zeker als je niet weet waar je terechtkunt. NU.nl zet een aantal mogelijkheden op een rijtje.  ( 4 min )

De term graaiflatie kun je niet zomaar op alle prijsstijgingen plakken, vindt minister Sigrid Kaag (Financiën). Volgens haar doet de term geen recht aan de werkelijkheid. De bewindsvrouw sluit niet uit dat er alsnog maatregelen komen om de inflatie te dempen.  ( 5 min )

Prijzen aan de laadpaal voor elektrische auto's verschillen enorm per gemeente. Een strategische oplaadplek kan per maand meerdere tientjes schelen.  ( 4 min )

Bedrijven in de Europese chipsector ontvangen de komende tijd 8,1 miljard euro voor tientallen verschillende projecten. Met het geld kunnen bedrijven zoals ASML innovaties ontwikkelen die van Europa een voorloper moeten maken op het gebied van chiptechnologie.  ( 3 min )

Accountants kijken te oppervlakkig naar het risico op fraude bij bedrijven. Daardoor is de kans groot dat ze onregelmatigheden in de boekhouding over het hoofd zien, meldt toezichthouder AFM op basis van onderzoek.  ( 3 min )

Wie een woning huurt van een corporatie betaalt vanaf juli gemiddeld 2,4 procent meer dan nu. Voor ongeveer 600.000 huishoudens gaat de huur juist omlaag, om ze te ontzien in tijden van hoge inflatie.  ( 4 min )

Accountants kijken te oppervlakkig naar het risico op fraude bij bedrijven. Daardoor is de kans groot dat ze onregelmatigheden in de boekhouding over het hoofd zien, meldt toezichthouder AFM op basis van onderzoek.  ( 3 min )

De ondernemingsraad (or) van autofabriek VDL Nedcar mag een geheim document van opdrachtgever BMW toch inzien. Het concern beëindigt het contract voor de bouw van MINI's in Born voortijdig en betaalt VDL daarom een afkoopbedrag. Nu kan de or nagaan of een groot deel van dat geld terechtkomt bij medewerkers die hun baan verliezen.  ( 4 min )

Het Groningenveld gaat dit jaar mogelijk dicht. Maar hoe wordt een gasveld nou precies gesloten?  ( 3 min )

Het beleggingsplatform BinckBank heeft een boete van een half miljoen euro gekregen. Waakhond AFM oordeelt dat BinckBank niet genoeg deed om te bepalen of haar klanten genoeg kennis van de beleggingsmarkt hadden.  ( 3 min )

Alle zes bedrijven die bagage op Schiphol verplaatsen, hangt een boete boven het hoofd. De fysieke belasting voor medewerkers is gevaarlijk voor de medewerkers, oordeelt de Arbeidsinspectie. In maart bleek dat de bagageafhandelaars niet de nodige veranderingen hebben doorgevoerd.  ( 3 min )

De economie van de landen met de euro is in het eerste drie maanden van dit jaar onverwacht in een recessie belandt. Volgens herziene cijfers van het Europese statistiekbureau Eurostat kromp de economie van het eurogebied met 0,1 procent ten opzichte van een kwartaal eerder. Ook wordt nu een krimp van 0,1 procent voor het vierde kwartaal van 2022 gemeld door het statistiekbureau.  ( 3 min )

Voor het eerst in tien jaar is het aantal mensen dat zich zorgen maakt over de eigen financiële toekomst gestegen. Het gaat vooral om jongeren en alleenstaande ouders.  ( 4 min )

De Nederlandse economie groeit dit jaar waarschijnlijk met 0,6 procent en in 2024 met 0,9 procent. Dat verwachten economen van de Rabobank ondanks de economische krimp in het eerste kwartaal.  ( 4 min )

Wie vanwege een chronische ziekte of een beperking een traplift nodig heeft, moet straks mogelijk meer betalen. Het kabinet wil dat mensen met een beperking vanaf 2026 een inkomensafhankelijke bijdrage gaan leveren aan de zogeheten Wmo-voorzieningen. Mensen met een handicap reageren kritisch op de bezuiniging: "We leven al aan de rand van de maatschappij."  ( 6 min )

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Coinbase CEO Brian Armstrong spent Wednesday pushing back on a new legal challenge from the SEC and offering assurances that the firm would get through its current turmoil.  ( 8 min )

Chief Executive Matt Furlong is out at the videogame and consumer-electronics retailer.  ( 28 min )

Tesla may face a class-action lawsuit after 240 Black factory workers in California described rampant racism and discrimination at the electric automaker’s San Francisco Bay Area plant, including frequent use of racial slurs and references to the manufacturing site as a plantation or slave ship. The testimonies filed Monday in Alameda County Superior Court comes from contractors and employees who worked on the production floor of the factory in Fremont, roughly 40 miles (65 kilometers) southeast of San Francisco. Lawyers suing Tesla, Inc. estimate at least 6,000 workers could be part of the class.  ( 8 min )

China continued to amass gold, adding an additional 16 tons in May, while its foreign currency reserves fell, Bloomberg reported.  ( 7 min )

(Bloomberg) -- The potential for a flood of US renewable projects driven by new tax incentives is at risk of “breaking” power markets by pushing electricity prices to negative levels, according to Wells Fargo.Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiFlights to LaGuardia Airport Grounded as Smoke Blankets NYCTech Stocks Sputte  ( 6 min )

Legislation to improve compeition among credit-card networks is set to be reintroduced in Congress.  ( 22 min )

Electric vehicle manufacturer Rivian is making a big move in Hayward, though it's not good news.  ( 14 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

Billionaire investors are worried. Stanley Druckenmiller sees a "hard landing" on the way and bond king Jeffrey Gundlach is warning that economic indicators are now "full-on recessionary."  ( 8 min )

Do you love dividends? Of course you do — and rightly so! Scholars who study the stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. Simply put, if you’re not investing in dividend stocks, you’re doing it wrong. Using the TipRanks platform, we’ve looked up two stocks that are offering dividends of at least 10% yield – that’s almost 6x higher the averag  ( 10 min )

Dockworkers who keep West Coast cargo flowing are highly paid. Their bid for even higher pay is starting to affect the cargo flow. The post West Coast dockworkers making $200K demand higher pay appeared first on FreightWaves.  ( 8 min )

Amazon is reportedly planning an ad-supported tier for Prime Video, joining the ranks of Netflix and Disney amid a race to make streaming more profitable.  ( 8 min )

(Bloomberg) -- Billionaire Ray Dalio, founder of Bridgewater Associates, said the US is seeing stubbornly high inflation along with elevated real interest rates. Most Read from BloombergThese Are the World’s 20 Most Expensive Cities for Expats in 2023George Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailDam Destroyed in the Dead of Night Upstages Ukraine’s CounteroffensivePGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfTech Stocks Sputter as Traders Up Rate  ( 6 min )

Investors who stuck with growth names during last year's sell-off have been rewarded during 2023's rally.  ( 8 min )

If you're saving for retirement, a broad market index portfolio is typically a good option. Investing in a target date fund or S&P 500 index fund, for instance, are low-cost ways to gain broad market exposure. However, newly published research … Continue reading → The post This Type of Portfolio Could Help You Retire With 20% More Money Than Index Funds appeared first on SmartAsset Blog.  ( 9 min )

Advanced Micro Devices, Inc (NASDAQ: AMD) stock is trading lower Wednesday on some profit-taking. The chipmaker continues to hog the limelight with positive vibes from the Bank of America 2023 Global Technology Conference management and analyst re-ratings. AMD disclosed its impressive and improving cloud footprint at the BoA event. Enterprise though currently weak, exuded promise in the foothold and progress. The chipmaker disclosed plans to reveal their AI strategy in an event next week, someth  ( 7 min )

Oil prices have come down quite a bit from their 2022 peak. While that has prompted some traders to bet against the commodity, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman has issued a stern warning for the short sellers. “I keep advising them that they will be ouching — they did ouch in April,” he said at the Qatar Economic Forum in May. And now OPEC+, which includes the Organization of the Petroleum Exporting Countries and its allies, has reached a deal to extend output cuts into  ( 9 min )

Merit Peak, an offshore trading company controlled by Binance CEO Changpeng Zhao, received around $11 billion of client assets through a Seychelles-based firm set up to take customer deposits, a U.S. Securities and Exchange Commission filing shows. The SEC filing, which on Tuesday asked a U.S. court to freeze Binance's U.S. assets, came a day after the SEC sued Binance, its billionaire CEO Zhao, and the operator of its U.S. affiliate exchange, for allegedly operating a "web of deception."  ( 7 min )

The outcome of Nikola’s bid to double the number of authorized shares in the company could determine its ability to survive. The post Critical vote count due in Nikola’s bid to stay in business appeared first on FreightWaves.  ( 8 min )

With Coinbase (COIN) and Binance accused of running illegal exchanges by the U.S. Securities and Exchange Commission (SEC), the latest industry testimony in the U.S. House of Representatives this week revealed that companies had desperately sought the agency’s help to properly register but were turned away.  ( 8 min )

Just over half of Generation X born between 1965 and 1980 have little to nothing socked away for retirement.  ( 10 min )

For years, the wealthiest investors and institutions have enjoyed exclusive access to lucrative investment opportunities, leaving retail investors with limited choices. Hedge funds like William Harnisch's Peconic Partners and Michael Burry’s Scion Asset Management produced total returns of 191.5% and 159.79%, respectively, over the past three years. The minimum investment required to participate in funds like these often ranges from $500,000 to $1 million. Retail investors, on the other hand, ha  ( 7 min )

Apple should buy Disney as it looks to capture greater adoption of its Vision Pro headset, one media analyst says.  ( 9 min )

The conventional wisdom that value stocks are more vulnerable to an economic downturn is false, according to a new white paper from GMO.  ( 25 min )

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US stocks wavered Wednesday after an unexpected interest rate hike from Canada, a surprise drop in Chinese exports and economic headwinds flagged by the Paris-based Organization for Economic Cooperation and Development stoked fresh concerns about global growth.  ( 8 min )

US stocks wavered Wednesday during midday trading after Canada unexpectedly hiked interest rates, combined with a surprise drop in Chinese exports and economic headwinds flagged by the OECD stoked fresh concerns about global growth.  ( 8 min )

The belief that the SEC will not label bitcoin as a security is encouraging investors to stick with the world’s largest cryptocurrency despite the new industry turmoil.  ( 8 min )

The government's qualifications are confusing. The best way to sort things out is to check the website fueleconomy.gov.  ( 22 min )

Shares of Visa and Mastercard fell Wednesday after the Journal reported that lawmakers plan to re-up proposed legislation that would give merchants the power to process many credi  ( 19 min )

Boeing was sued on Wednesday by a Colorado company that accused the aerospace giant of stealing trade secrets for NASA's Space Launch System rocket, and then building components with "critical" safety flaws that could endanger astronauts. Wilson Aerospace said it worked with Boeing for two years starting in 2014 after Boeing, fearing the loss of billions of dollars of NASA revenue, sought its help in safely attaching engines to the rocket. According to a complaint filed in Seattle federal court, Boeing then canceled Wilson's work on the project yet kept using its intellectual property without receiving "full instructions" on how to build and install it, creating safety risks.  ( 7 min )

Wednesday's announcement with Amazon brought welcome reprieve to Affirm shares which have been beaten down heavily as investors question how many companies will be winners in the buy-now-pay-later space as Apple gets involved.  ( 8 min )

The retailer is expected to benefit from a wave of major blockbuster videogame releases, which started with Hogwarts Legacy in early February and continued with Star Wars Jedi: Survivor in late April.  ( 25 min )

The software company beat first-quarter expectations and raised its full-year outlook, as it talked up its generative artificial intelligence prospects.  ( 22 min )

The SEC chair's crusade against Coinbase and savvy politicking could mean the end of crypto companies in the U.S.  ( 12 min )

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Wedbush analyst Dan Ives raises his 12-month price target on the stock to $220 from $205.  ( 22 min )

Campbell Soup issues earnings guidance for its fiscal year below Wall Street estimates.  ( 22 min )

US stocks opened upward on Wednesday, after a surprise drop in Chinese exports and economic headwinds flagged by the OECD stoked fresh concerns about global growth.  ( 8 min )

A Wall Street analyst’s job requires in-depth knowledge of their subject, but in essence, the objective is simple – to find out which stocks investors should load up on or stay away from. As Goldman Sachs’ Director of Americas Equity Research Steven Kron recently put it, a sector analyst can “identify top ideas that offer a combination of conviction, a differentiated view and high risk-adjusted returns.” Kron reckons this is especially true in the current market environment. He adds, “After a co  ( 10 min )

When it comes to retirement savings, your age can have a major effect on things. Depending on which type of retirement account you have, your age may define both when you can access your funds and how much money you can … Continue reading → The post Age Limits for IRA Contributions appeared first on SmartAsset Blog.  ( 9 min )

Budgeting for retirement can be more challenging than budgeting for life with a job. You start with a number you think will do the trick and hope that unforeseen circumstances don't drain your savings too early. Similarly, you might not … Continue reading → The post How Long Will $4 Million Last in Retirement? appeared first on SmartAsset Blog.  ( 10 min )

Private letter rulings, commonly known as "guidances," are the bane of tax attorneys everywhere. They are very specific, vast in number and essential to understanding how tax law works. In brief, it's a written answer issued by the IRS to a … Continue reading → The post Understanding a Private Letter Ruling (PLR) appeared first on SmartAsset Blog.  ( 10 min )

Estate taxes are a form of transfer tax that affects the very wealthy. For multimillionaire households, avoiding the estate tax is a significant issue. One tool that households can use to try to minimize their estate tax liability is the … Continue reading → The post How to Avoid Estate Taxes With Trusts appeared first on SmartAsset Blog.  ( 9 min )

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Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 23 min )

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Goldman makes a big markets call based on the rising popularity of AI stocks.  ( 8 min )

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The electric vehicle start-up announced Tuesday it has agreements to sell regulatory credits generated by selling its EVs in the U.S.  ( 22 min )

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US stock futures were broadly flat on Wednesday morning, after a surprise drop in Chinese exports and economic headwinds flagged by the OECD stoked fresh concerns about global growth.  ( 8 min )

The streaming platform's paid sharing initiative will generate close to $6 billion in extra revenue in 2024 and 2025, J.P. Morgan estimates.  ( 22 min )

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(Bloomberg) -- The once-hot Wall Street trades of 2023 are all falling apart, in a fresh blow to market pros blindsided again and again ever since the pandemic broke out.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbase Lawsuit Heralds Deepening US Crypto CrackdownNearly  ( 10 min )

Coinbase shares rise modestly following a slump in the previous session after the SEC sued the cryptocurrency broker, Yext raises its fiscal-year revenue and profit guidance, and GameStop and Campbell Soup are scheduled to post quarterly earnings.  ( 22 min )

China’s total trade with Russia has soared to levels not seen since the beginning of Vladimir Putin’s war in Ukraine, official data showed, as Beijing steps up support for its sanctions-hit ally.  ( 24 min )

What insights did other CEOs gain from the prolonged Bud Light uproar? Apparently, not much.  ( 10 min )

(Bloomberg) -- China’s four big state lenders have effectively cut dollar deposit rates, according to people familiar with the matter, at a time when strong demand for the US currency in the banking system helped push the yuan to a six-month low.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another  ( 7 min )

(Bloomberg) -- JPMorgan Asset Management is adding more Chinese stocks to its portfolio on bets that the market’s cheap valuation and the government’s support for the economy will bolster returns. Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbase Lawsuit Heralds Deepening  ( 8 min )

Ivan Menezes is credited with growing the drinks company significantly since he became CEO in July 2013, with Diageo now selling around 200 brands in more than 180 markets.  ( 27 min )

(Bloomberg) -- The bearish calls against Chinese equities are growing, but one top-performing fund says any further weakness is a chance to buy.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbase Lawsuit Heralds Deepening US Crypto CrackdownChinese firms offer “pretty good  ( 7 min )

Vodafone and CK Hutchison are in the final stages of agreeing to merge their British operations, with a long-awaited announcement expected as soon as Friday or next week, three sources have told Reuters. A spokeswoman for Hutchison declined to comment. Vodafone was not immediately available to comment.  ( 6 min )

(Bloomberg) -- The pace of declines in the Turkish lira hastened in early Wednesday trading amid increasing signs that policy makers may be scaling back interventions to support the currency.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbase Lawsuit Heralds Deepening US Cr  ( 6 min )

Investors underwhelmed by ChatGPT could use an options strategy called a bear spread to bet against artificial-intelligence chip maker Nvidia.  ( 25 min )

(Bloomberg) -- China posted robust commodities imports in May, defying stutters in the wider economy, as buyers took advantage of weaker international prices and energy importers stocked up ahead of peak demand in the summer.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinba  ( 8 min )

For a brief period this spring, the housing market looked like it was out of the woods.  ( 8 min )

The idea of Amazon as disrupter is nothing new. But this threat seems less serious.  ( 22 min )

The U.S. government could face borrowing at rates near 6%, up from 0.1% less than two years ago.  ( 28 min )

(Bloomberg) -- Cathie Wood’s funds boosted their holdings of Coinbase Global Inc. as shares slumped after the Securities and Exchange Commission accused the company of operating an unlawful exchange.Most Read from BloombergPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbase Lawsuit Heralds Deepeni  ( 7 min )

"The Cardboard Box Recession may be good news for inflation,"Charles Schwab said. "Inflation might just continue to recede as fast as it rose."  ( 7 min )

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Legendary investor Peter Lynch has a straightforward perspective on corporate insiders and their actions in the stock market. He put it simply: insiders may sell shares for a range of reasons, but they only buy shares when they believe the price is going to rise. Keeping a close watch on insiders’ stock purchases can prove to be a profitable investment strategy. Corporate insiders, which include company officers and board members, possess valuable knowledge about company policies and performance  ( 10 min )

Fintech company Wealthfront launched an automated portfolio which aims to offer higher rates than simply investing in traditional bonds.  ( 1 min )

Campbell Soup shares sank after its full-year profit outlook was short of estimates and volumes declined as the company raised prices.  ( 1 min )

Cathie Wood's Ark Invest increased its stake in Coinbase despite an SEC lawsuit against the crypto firm.  ( 1 min )

Dave & Buster's shares soared in early trading on Wednesday after reporting earnings and revenue records, with deals to add franchises in India and Australia.  ( 1 min )

Stitch Fix beat estimates after implementing "tight cost controls," with more cost-cutting plans.  ( 1 min )

Liquid markets are easy to exit, while illiquid markets can put traders in tough spots. Here are the main factors affecting the liquidity of Bitcoin.  ( 21 min )

Here are step-by-step instructions for filing a reimbursement claim for insurance on your pet.  ( 22 min )

Fintech company Wealthfront launched an automated portfolio which aims to offer higher rates than simply investing in traditional bonds.  ( 17 min )

Home equity loans are a great tool for homeowners looking for cash. But how are rates changing in a volatile economy?  ( 22 min )

We compared portfolio management, usability, and fees from the best robo-advisors. This list will help you find the best automated portfolio builders for your needs.  ( 42 min )

“Location, location, location” is a common mantra in real estate. It’s good advice, but here's what it really means (because few people know).  ( 26 min )

A head and shoulders pattern is an indicator that appears on a chart as a set of three peaks or troughs, with the center peak or trough representing the head.  ( 26 min )

If you need to take distributions from your individual retirement account (IRA), learn what exceptions the IRS has to its 10% early withdrawal penalty fee.  ( 26 min )

The Marriott School of Business is the business school of the Brigham Young University.  ( 20 min )

Cost basis is the original value of an asset for tax purposes, adjusted for stock splits, dividends, and return of capital distributions.  ( 24 min )

A natural monopoly is a monopoly that arises or would rise through natural conditions in a free market.  ( 24 min )

A gauge of CEOs' short-term view of the economy fell amid concerns about inflation and rising interest rates.  ( 17 min )

Campbell Soup shares sank after its full-year profit outlook was short of estimates and volumes declined as the company raised prices.  ( 16 min )

Caterpillar and Goldman Sachs lead the Dow higher, while Salesforce drops on management shakeup.  ( 16 min )

Markets closed mixed on Wednesday, June 7, 2023 as investors focused on the Fed's rate moves.  ( 16 min )

Affordable housing can be an especially difficult challenge for low-income people with a disability.  ( 25 min )

Total quality management (TQM) aims to hold all parties involved in the production process as accountable for the overall quality of the final product or service.  ( 27 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

The Porter Diamond Model is a model to explain the competitive advantage that nations or groups can develop based on certain factors.  ( 20 min )

Both E*Trade and Fidelity have best-in-class features, educational resources, and trading tools, but if cost is your concern, then Fidelity is your best choice.  ( 24 min )

The tragedy of the commons is an economic problem where the individual consumes a resource at the expense of society.  ( 25 min )

We may not see a rate hike when the Federal Reserve has their next meeting, but it may just be a momentary reprieve.  ( 16 min )

A systematic investment plan involves putting a consistent sum of money into an investment on a regular basis to take advantage of dollar-cost averaging.  ( 21 min )

With a minimum deposit and a guaranteed return, certificates of deposit (CDs) can be a viable investment. See what Navy Federal CD rates have to offer.  ( 21 min )

Certificates of deposit (CDs) can be a great, conservative way to invest your money. Edward Jones is worth considering for its competitive CD rates at a variety of term lengths.  ( 21 min )

Shoppers in April faced fewer shipping delays, found fewer things out of stock, and had an easier time finding the things they need than the same month last year.  ( 16 min )

Wells Fargo offers two types of savings accounts, but the rates are low unless you carry a large balance.  ( 20 min )

Discover’s savings account doesn’t usually have the highest APY, but it’s easily accessible with no minimum deposit or monthly fee.  ( 18 min )

BMO Harris offers a relatively basic CD with special rates for certain terms. Learn about BMO Harris’ current CD rates and features to make an informed decision and grow your savings.  ( 18 min )

A secondary market is a market where investors purchase securities or assets from other investors, rather than from issuing companies themselves.  ( 24 min )

In the winter of 2021, Texas had days-long electricity blackouts due to power grid problems. What happened and how can they fix it going forward?  ( 21 min )

Enel Chile, Capital Power, and Cadiz lead for value, growth, and momentum, respectively.  ( 20 min )

Improve your financial advisory business by building a client base of people who share similar priorities, values, and long-term goals.  ( 22 min )

Cryptocurrency futures are futures contracts that allow investors to place bets on a cryptocurrency's future price without owning the cryptocurrency.  ( 25 min )

If you're self-employed, there are steps you can take to make yourself a more attractive loan candidate.  ( 26 min )

With Glencore PLC leading the pack, these are the 10 biggest mining companies by 12-month trailing revenue.  ( 21 min )

Daqo New Energy, Canadian Solar, and Tingo Group top the list of tech stocks based on best value, fastest growth, and most momentum, respectively.  ( 22 min )

Rates on 30-year mortgages are holding steady, after climbing an eighth of a point over the previous two days. But the 15-year and jumbo 30-year rate averages rose.  ( 19 min )

Applications were 30% lower than one year ago, as buyers adjust to a higher rate environment, according to the Mortgage Bankers Association.  ( 16 min )

U.S. equities were mixed at midday on Wednesday, June 7, 2023, as tech and communication stocks weighed on the major indexes.  ( 16 min )

The U.S. Securities and Exchange Commission has filed an emergency action to freeze the assets of crypto exchange Binance.US to protect its customers.  ( 17 min )

A 51% attack is an attack on a blockchain by a group of miners who control more than 50% of the network's mining hash rate, or computing power.  ( 22 min )

Securitization pools assets and repackages them into interest-bearing securities.  ( 23 min )

Stitch Fix beat estimates after implementing "tight cost controls," with more cost-cutting plans.  ( 16 min )

Dave & Buster's shares soared in early trading on Wednesday after reporting earnings and revenue records, with deals to add franchises in India and Australia.  ( 16 min )

A pro forma invoice is a preliminary bill of sale sent to buyers that provides details about a shipment of goods in advance of its delivery and the final invoice.  ( 24 min )

A retirement money market account is a money market account that is held by an individual within a retirement account such as an IRA. Learn more about how this type of account works.  ( 24 min )

A chartered accountant (CA) designation is a credential granted to accounting professionals in countries around the world outside of the United States.  ( 24 min )

Cathie Wood's Ark Invest increased its stake in Coinbase despite an SEC lawsuit against the crypto firm.  ( 16 min )

Disbursement is the act of paying out or disbursing money, which can include money paid out for a loan, to run a business, or as dividend payments.  ( 23 min )

With Novo Nordisk at the top of the list, these are the 10 biggest biotechnology companies by 12-month trailing revenue.  ( 20 min )

The DuPont analysis is a framework for analyzing fundamental performance popularized by the DuPont Corporation.  ( 30 min )

Changes in the prime rate don't directly impact rates that banks pay on certificates of deposit (CDs), but the two may both go up around the same time.  ( 23 min )

Credit score requirements for personal loans vary by lender, but borrowers with good or excellent credit typically have a better chance of qualifying for the best rates and terms.  ( 22 min )

A bank identification number (BIN) is the initial set of four to six numbers on a credit card that identifies the institution.  ( 23 min )

An account history is a record that keeps track of all activity within an account such as trades, purchases, and other transactions. Learn what's included.  ( 22 min )

Monetary policy involves decisions by central banks on issues such as interest rates. Fiscal policy typically is established legislatively and addresses issues such as tax rates and government spending.  ( 24 min )

A probability distribution is a statistical function that describes possible values and likelihoods that a random variable can take within a given range.  ( 22 min )

While inventory improved from a year earlier, the growth rate slowed for a third straight month.  ( 16 min )

Falling Chinese exports could point to a global slowdown and all Tesla Model 3s now qualify for the federal electric vehicle tax credit. Here’s what investors need to know today.  ( 18 min )

In an arm's length transaction, the buyer and seller act independently and have no relationship to each other.  ( 23 min )

Most Americans think common fees charged by banks are unfair, and support government efforts to reduce or eliminate them, according to a poll.  ( 18 min )

The Peter Principle theorizes that people in a firm will be promoted up to a point where they are no longer qualified, leaving a company full of incompetent employees.  ( 25 min )

The Polish zloty is the national currency of Poland, issued by Narodowy Bank Polski. Learn about the zloty’s exchange rate and history.  ( 23 min )

Here’s a look at what you should pay for financial advice and investment management, what you should get for that price, and how you can pay less.  ( 25 min )

Bracketed sell order is a short sell order that is accompanied by a conditional buy order above and a buy limit order below the initial sell order.  ( 18 min )

Markets closed mixed on Wednesday, June 7, 2023 as investors focused on the Fed's rate moves.  ( 1 min )

Caterpillar and Goldman Sachs lead the Dow higher, while Salesforce drops on management shakeup.  ( 1 min )

U.S. equities were mixed at midday on Wednesday, June 7, 2023, as tech and communication stocks weighed on the major indexes.  ( 1 min )

Falling Chinese exports could point to a global slowdown and all Tesla Model 3s now qualify for the federal electric vehicle tax credit. Here’s what investors need to know today.  ( 1 min )

Voor het eerst in tien jaar is het aantal mensen dat zich zorgen maakt over zijn of haar financiële toekomst gestegen. Vooral jongeren en alleenstaande ouders maken zich zorgen.  ( 3 min )

Vakbonden FNV en CNV hebben stakingen bij drie industriële bakkerijen afgeblazen. Daarmee worden supermarkten zoals Albert Heijn niet meer geraakt door broodtekorten. Maar plaatselijke bakkers zijn misschien wel de pineut.  ( 3 min )

Zoals het er nu naar uitziet, stopt de gaswinning uit het Groningenveld dit najaar volledig. Dat zei premier Mark Rutte woensdag in debat met de Tweede Kamer. Op dit moment wordt er nog een minimale hoeveelheid gas gewonnen, waardoor de putten open kunnen blijven.  ( 4 min )

De Europese Commissie (EC) heeft onaangekondigde bezoeken gedaan bij verschillende Europese bedrijven die kunstgras maken. Volgens Brussel zijn er vermoedens dat de bedrijven de concurrentieregels hebben overtreden. Er is onder andere een inval gedaan bij het Nederlandse bedrijf Ten Cate, bevestigt CEO Michael Vogel aan NU.nl.  ( 3 min )

De omzet van Nederlandse Loterij kwam afgelopen jaar op 6,5 miljard euro uit. Een jaar eerder was dat nog geen 3 miljard euro. De ruime verdubbeling van de inleg komt vooral doordat dit het eerste volle jaar was waarin online gokken meespeelde.  ( 3 min )

Zoals het er nu naar uitziet, stopt de gaswinning uit het Groningenveld dit najaar volledig. Dat zei premier Mark Rutte woensdag in debat met de Tweede Kamer. Op dit moment wordt er nog een minimale hoeveelheid gas gewonnen, waardoor de putten open kunnen blijven.  ( 4 min )

Bij vertraging krijgen claimende treinreizigers met een vrijreisabonnement vanaf deze week tot tientallen euro's minder terug. De vergoeding is niet meer op basis van de normale ritprijs, maar op basis van de abonnementskosten.  ( 6 min )

Bij vertraging krijgen claimende treinreizigers met een vrijreisabonnement vanaf deze week tot tientallen euro's minder terug. De vergoeding is niet meer op basis van de normale ritprijs, maar op basis van de abonnementskosten.  ( 6 min )

De Europese Commissie (EC) heeft onaangekondigde bezoeken gedaan bij verschillende Europese bedrijven die kunstgras maken. Volgens Brussel zijn er vermoedens dat de bedrijven de concurrentieregels hebben overtreden. Er is onder andere een inval gedaan bij het Nederlandse bedrijf Ten Cate, bevestigt CEO Michael Vogel aan NU.nl.  ( 3 min )

De Europese Commissie (EC) brengt onaangekondigde bezoeken bij verschillende Europese bedrijven die kunstgras maken. Volgens Brussel zijn er vermoedens dat de bedrijven de concurrentieregels hebben overtreden.  ( 2 min )

Centralebankpresident Klaas Knot is bezorgd over loonsverhogingen van 10 procent of meer die de laatste tijd worden afgesproken bij cao-onderhandelingen. Daardoor kan het moeilijker worden om de inflatie tot bedaren te brengen, zo zei de DNB-president woensdag in de Tweede Kamer.  ( 3 min )

De Autoriteit Persoonsgegevens (AP) heeft OpenAI in een brief gevraagd of AI-chatbot ChatGPT stiekem persoonsgegevens verzamelt. Ook wil de toezichthouder weten of de kunstmatige intelligentie achter de chatbot leert van wat gebruikers aan hem vragen.  ( 3 min )

Duizenden medewerkers van sociale werkbedrijven hebben woensdag actiegevoerd voor een flinke loonsverhoging. Door de inflatie hebben ze steeds meer moeite om hun rekeningen te betalen. De werkgevers willen best over de brug komen, maar vinden dat het Rijk moet bijleggen.  ( 3 min )

Het Amerikaanse bedrijf Bluestar Alliance heeft 60 miljoen euro betaald om het van oorsprong Amsterdamse kledingmerk Scotch & Soda een doorstart te laten maken. Dat meldt Het Financieele Dagblad (FD).  ( 3 min )

Batman is als winnaar uit de strijd gekomen in een zaak over het logo van de superheld. Het Hof van Justitie van de Europese Unie vindt het Batman-logo onderscheidend genoeg om een beroep te mogen doen op bescherming als handelsmerk.  ( 3 min )

Ongeveer driehonderd bakkers leggen morgen voor twee dagen het werk neer. Dat doen zij omdat er nog geen nieuwe cao is. Het gaat om personeel van Bakkerij Borgesius in Arnhem en Aalsmeer en Dutch Bakery in Eindhoven.  ( 3 min )

Batman is als winnaar uit de strijd gekomen in een zaak over het logo van de superheld. Het Hof van Justitie van de Europese Unie vindt het Batman-logo onderscheidend genoeg om een beroep te mogen doen op bescherming als handelsmerk.  ( 3 min )

Het idee om de euro in te voeren wordt steeds aantrekkelijker voor de Zweedse bevolking. Nu de Zweedse kroon steeds minder waard wordt door de inflatie, is de steun voor de gemeenschappelijke munt groter dan ooit.  ( 3 min )

Consumenten hebben vanwege de stijgende energiekosten vorig jaar meer geïnvesteerd in de verduurzaming van huishoudelijke apparaten. In 2022 was er meer vraag naar elektrische huishoudelijke apparaten met een A-label.  ( 3 min )

Consumenten hebben vanwege de stijgende energiekosten vorig jaar meer geïnvesteerd in de verduurzaming van huishoudelijke apparaten. In 2022 was er meer vraag naar elektrische huishoudelijke apparaten met een A-label.  ( 2 min )

SNS en RegioBank verhogen de rente op spaartegoeden tot en met 100.000 euro naar 1 procent. Dat heeft de Volksbank, waar deze banken toe behoren, bekendgemaakt. Daarmee volgen ze het voorbeeld van de grote banken.  ( 2 min )

De Turkse lira heeft woensdag een nieuw dieptepunt bereikt ten opzichte van de dollar en de euro. De munt verliest sinds de definitieve uitslag van de verkiezingen steeds meer terrein vanwege zorgen over de economische koers van Turkije.  ( 3 min )

Boeing moet de levering van ongeveer negentig 787 Dreamliners uitstellen, omdat er bij de productie fouten zijn ontdekt. Het is een grote tegenvaller voor de Amerikaanse vliegtuigbouwer, die juist hard werkt om te voldoen aan de groeiende vraag naar zijn langeafstandsvliegtuigen.  ( 3 min )

Zonnepaneelparken krijgen steeds vaker te maken met koperdieven, hoort de brancheorganisatie Holland Solar van haar leden. "Het begint echt een probleem te worden." De koperprijs ligt hoog, wat diefstal interessant maakt.  ( 4 min )

Consumenten hebben in april iets meer besteed dan in dezelfde maand vorig jaar. Ze gaven vooral meer uit aan diensten, zoals verzekeringen, het openbaar vervoer en een bezoek aan een restaurant of de kapper.  ( 3 min )

De vier grootste internetproviders van Nederland hebben sinds begin dit jaar forse prijsverhogingen aangekondigd of doorgevoerd. Ondanks de flinke prijsstijgingen is er volgens experts geen sprake van graaiflatie. Sterker nog, de winst van internetaanbieders staat onder druk.  ( 4 min )

Boeing moet de levering van ongeveer negentig 787 Dreamliner-vliegtuigen uitstellen omdat er bij de productie fouten zijn ontdekt. Dat heeft de Amerikaanse vliegtuigbouwer laten weten. Voor Boeing gaat het om een tegenvaller aangezien het concern juist hard werkt om te voldoen aan de stijgende vraag naar zijn langeafstandsvliegtuigen.  ( 3 min )

Boeing said Tuesday that deliveries of its 787 Dreamliner have been halted again by another manufacturing issue, the latest in a string of setbacks affecting the two-aisle jet. The company said it is inspecting fittings on part of the tail called the horizontal stabilizer “for a nonconforming condition.” The inspections and repairs will affect near-term deliveries but won’t alter the company’s forecast of deliveries for the full year.  ( 7 min )

The “Shark Tank” star says today’s top digital asset firms are likely destined to live on only in history books.  ( 8 min )

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See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

An unusual merger is sending shares of Topgolf Callaway Brands higher.  ( 22 min )

The FAA said the plane maker notified regulators of the latest issue.  ( 27 min )

Piper Sandler says there's opportunity in solar and heat pumps, too.  ( 22 min )

If some of highest-flying tech stocks should start to lose steam, other sector stocks could step in to support the market rally.  ( 22 min )

The S&P 500's surge to start 2023 has investors increasingly wary on what might happen next for markets.  ( 8 min )

History suggests Schwab’s cash sorting woes should abate, but this time could be different, caution Bank of America analysts. Here’s why.  ( 22 min )

(Bloomberg) -- The amount of money the US government had to pay its bills jumped on Monday to the highest level in two weeks as the Treasury rebuilds its cash pile in the wake of the Washington’s debt-ceiling suspension. Most Read from BloombergUkraine Dam Blast Blamed on Russia Tips War Into New PhasePGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfSEC’s Coinbase Lawsuit Heralds Deepening US Crypto CrackdownApple Headset Looks Sleek in Person But Battery Pack Stands OutBrothers Fi  ( 6 min )

(Bloomberg) -- Former International Monetary Fund chief economist Kenneth Rogoff sees interest rates heading higher in coming years, with the yield on the 10-year Treasury note averaging above 4% for the rest of the decade.Most Read from BloombergPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailSEC’s Coinbase Lawsuit Heralds Deepening US Crypto Crac  ( 7 min )

Apple Inc has acquired Mira, a Los Angeles-based AR startup that makes headsets for other companies and the U.S. military, the Verge reported, citing a post from Mira CEO's private Instagram account on Monday and a person familiar with the matter.  ( 6 min )

Boeing said on Tuesday it is slowing deliveries of its 787 Dreamliner after the company discovered a new production flaw, but expressed optimism that it can still deliver 70-80 of the widebody jets this year as planned. The problem, which does not pose a flight safety concern, involves a fitting for the 787's horizontal stabilizer made by a Boeing production facility in Salt Lake City, Utah, the company said. Boeing will need to inspect all 90 Dreamliners in its inventory before they can be delivered, and it expects it will take two weeks to fix each aircraft, the company added.  ( 7 min )

Wall Street’s impression of Vision Pro was lackluster.  ( 8 min )

These were also the only places where more than 50% of homes in each respective market were more affordable to purchase than rent.  ( 9 min )

The CBOE Volatility Index, or VIX, which measures the expected volatility of the U.S. stock market, is on pace to close at the lowest level in more than three years. The index was at 14.26, down 3.2% on Tuesday, nearing its February 2020 low. The move points to a lack of major concerns in the stoc  ( 22 min )

How much am I able to earn from an employer if I opt to take my Social Security at age 62 next year? – Glenn To be very clear, you can earn as much money as you want while collecting … Continue reading → The post Ask an Advisor: How Much Money Can I Earn Working After Taking Social Security at Age 62? appeared first on SmartAsset Blog.  ( 8 min )

Coinbase is the second crypto exchange to face an SEC lawsuit in as many days.  ( 8 min )

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The wireless carrier snags an upgrade, but analysts still see plenty of reasons to be cautious.  ( 22 min )

Shares of battery and hydrogen fuel-cell trucking firm Nikola hit a new 52-week intraday low on Tuesday. They have dropped more than 99% from their record high of almost $94.  ( 22 min )

There’s an old saying on Wall Street to “sell in May and go away.” While that may be true for some stocks, it won’t necessarily hold true for some real estate investment trusts (REITs) that began the first full week in June on a high with analyst upgrades. Take a look at three REITs that could benefit from some positive analyst words this week: DigitalBridge Group Inc. (NYSE: DBRG) is a Boca Raton, Florida-based diversified REIT that owns and operates data centers as well as cell towers, digital  ( 9 min )

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Move spurs calls to unionize.  ( 6 min )

Bud Light sales see slight improvement as declines begin to get smaller. (Though still substantial) Molson Coors, meanwhile, continues to gain share.  ( 9 min )

Piper Sandler analyst Alexander Potter has a $280 price target on Tesla stock, and the electric-vehicle business only accounts for $135 of it. There's opportunity in solar and heat pumps.  ( 22 min )

If some of highest-flying tech stocks should start to lose steam, other sector stocks could step in to support the market rally.  ( 22 min )

Investors hoping to get a good readout on where the markets might be heading – switch off now, as Billionaire Paul Singer has some bad news for you. The founder of Elliott Management – a firm with around $56 billion in assets under management – says the US economy is staring at an “extraordinarily dangerous and confusing period.” On top of the challenging macro environment, Singer cites high valuations, the prospects of paltry returns in real estate and financial assets and the “significant chan  ( 10 min )

Oil is back down again on Tuesday, despite Saudi Arabia's recent production cut announcement. The problem is demand, say strategists.  ( 7 min )

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The short-seller alleged that the company fabricated its financials and criticized founder Dozy Mmobuosi's claims of having developed "the first mobile payment app in Nigeria". Tingo did not immediately respond to a Reuters request for comment. The New Jersey-based holding company operates in Africa, Southeast Asia and the Middle East, and its units have ventured into agri-fintech, food processing and insurance brokerage.  ( 6 min )

The restaurant chain missed analysts' expectations for its third quarter. Guidance for the next three months also disappointed the Street.  ( 22 min )

U.S. regulators have taken aim at the heart of the crypto sector with charges against two of the most influential digital asset exchanges this week.  ( 22 min )

US stocks opened lower on Tuesday, with the S&P 500 (^GSPC) slipping 0.18%, the Nasdaq Composite (^IXIC) dipping 0.35% and the Dow Jones Industrial Average (^DJI) falling 0.12%.  ( 8 min )

Coinbase is the second crypto exchange to face an SEC lawsuit in as many days.  ( 8 min )

The retailer is still bullish on its robust store expansion plan, despite a slow start to the year.  ( 8 min )

The future looks “a lot less dull and a lot less routine” and will rely plenty on human brain power, Joseph Fuller tells Fortune.  ( 7 min )

There comes a time in all of our lives when we have to say goodbye to a family member or friend. If you were close with the person who passed away, you might discover that they've left you something in … Continue reading → The post What You Need to Know About Inheritance Tax appeared first on SmartAsset Blog.  ( 8 min )

A retirement home is a private facility that offers seniors care and support. These facilities typically have amenities and services that cater to the needs of seniors, including meal preparation, housekeeping, medical care and social activities. Here's a breakdown of … Continue reading → The post Retirement Home: Cost and Service Guide appeared first on SmartAsset Blog.  ( 8 min )

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The SEC on Tuesday charged the crypto broker with securities violations spanning years, taking aim at core elements of its business.  ( 22 min )

Intel will sell shares worth around $1.4 billion of self-driving technology company Mobileye.  ( 22 min )

The regulator said the U.S.’s largest crypto platform violated rules that require it to register as an exchange.  ( 28 min )

The revenue benefit from the Vision Pro headset is likely to be “immaterial” in the short term, says one analyst, and the technology is unlikely to do anything to disrupt the iPhone.  ( 22 min )

Shares of Coinbase fell 15% in premarket trading Tuesday after the Securities and Exchange Commission sued the crypto company for allegedly violating securities law. The SEC charged Coinbase for operating as an unregistered securities exchange, broker and clearing agency. The move comes a day after  ( 20 min )

Merck & Co said it sued the U.S. government on Tuesday, seeking an injunction of the drug price negotiation program contained in the Inflation Reduction Act (IRA), which it argues violates the Fifth and First Amendments to the U.S. Constitution. The lawsuit, expected to be filed in the U.S. District Court for the District of Columbia, argues that under the law, drugmakers would be forced to negotiate prices for drugs in the government's Medicare health insurance program at below market rates. Merck asserts this violates the part of the Fifth Amendment that requires the government to pay just compensation for private property taken for public use.  ( 7 min )

The investment bank forecast a decline of 10% or more for the S&P 500, citing high valuations and risks to corporate earnings.  ( 22 min )

Shares in GitLab surged in premarket trading after the software company beat earnings expectations in its fiscal first quarter, provided upbeat guidance, and said customers were looking to its AI-powered platform  ( 23 min )

The stock market just won't go down — even when headlines don't look good. Some analysts are calling this a "melt up" and it signals a broadening of a stock rally.  ( 7 min )

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Stock futures traded slightly lower on Tuesday, while wheat soared after a Ukraine dam blast.  ( 8 min )

The company reported fiscal first-quarter earnings late Monday, playing up its artificial intelligence credentials, and investors clearly liked what they heard.  ( 22 min )

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Saudi Arabia's plan to boost oil prices isn't working. Oil prices slid Tuesday, erasing gains that followed a Saudi plan to slash output, as fears about weak global demand out  ( 20 min )

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Intel will sell shares worth around $1.4 billion of self-driving technology company Mobileye.  ( 22 min )

Intervention by regulators into cryptocurrencies has historically benefited the industry, and this time could be the same, says one chief investment officer.  ( 22 min )

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In the nearly nine years since Apple CEO Tim Cook publicly came out as gay, three more openly LGBTQ CEOs helm Fortune 500 companies.  ( 9 min )

The price of Bitcoin plunged after the world’s largest cryptocurrency exchange and its founder were accused of a “web of deception” by US regulators.  ( 8 min )

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )

The revenue benefit from the Vision Pro headset is likely to be “immaterial” in the short term, says one analyst, and the technology is unlikely to do anything to disrupt the iPhone.  ( 22 min )

European shares were range-bound on Tuesday as worries of further interest rate hikes by major central banks in the face of slowing economic growth countered support from healthcare giant Novo Nordisk. The pan-European STOXX 600 index inched 0.1% higher to 460.42 points. Danish drug developer Novo Nordisk rose 3.5%, as trading resumed following a holiday in Copenhagen on Monday.  ( 7 min )

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. tempered its outlook for 2023 capital spending, as the main chipmaker to Apple Inc. grapples with soft demand for smartphone and computing chips.Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesApple Headset Looks Sleek in Person But Battery Pack Stands OutApple’s $3,499 Vision Pro Headset Will Test Marketing MightA Wall Street Titan Scores One of the Best Real Estate Trades EverMorgan Stanley Expects a Shock  ( 8 min )

Rocket Companies and Zillow just fell out of the Fortune 500. Here's why.  ( 9 min )

(Bloomberg) -- Oil edged lower as traders weighed the outlook for supply and demand after Saudi Arabia’s surprise pledge for extra supply cuts.Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesApple Headset Looks Sleek in Person But Battery Pack Stands OutApple’s $3,499 Vision Pro Headset Will Test Marketing MightA Wall Street Titan Scores One of the Best Real Estate Trades EverMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyWest Texas Intermediate  ( 7 min )

After Farmers Group told staff last year they would be remote, some sold cars or moved cities. Now, the insurer’s new leader says, they must come to the office.  ( 26 min )

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The US economy is in an "extraordinarily dangerous and confusing" time, which will result in "a lengthy period of low returns," Paul Singer said.  ( 6 min )

All top 10 non-stablecoin cryptocurrencies took a sharp fall Tuesday morning in Asia, after the SEC sued Binance over alleged securities violations.  ( 7 min )

If there’s one way to describe the markets recently, that would be top-heavy. The mega-caps, the largest US companies, have been outperforming the broader indexes, and by their very size they are pulling the rest of the markets along. To give an idea of the scale, the three largest S&P-listed companies are Apple, Microsoft, and Alphabet; together, they have a combined market cap over $6.9 trillion and make up a big chunk of the S&P 500’s total value. That $6.9 trillion is a higher market cap tha  ( 10 min )

Learn the difference between R-squared and adjusted R-squared and what each measures.  ( 23 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

An SBA loan may be an option for your business, but getting one might seem daunting. Find out what you need to qualify for an SBA loan.  ( 23 min )

A spinoff is a new and independent company created through the distribution of shares in an existing division or business of a parent company to its shareholders.  ( 24 min )

The Dow Jones Industrial Average finished the session essentially flat, with tech and financial stocks helping give the index a 0.03% boost.  ( 17 min )

Markets rose modestly on Tuesday, June 6, 2023, as semiconductor and regional bank stocks gained.  ( 16 min )

The applicable federal rate (AFR) is the minimum interest rate that the Internal Revenue Service (IRS) allows for private loans.  ( 20 min )

See a full overview of PNC savings account interest rates. Compare PNC Bank to top competitors and find the right savings account for your financial needs.  ( 19 min )

Chime’s high-yield savings account doesn’t charge a fee or require a minimum deposit. Learn more about Chime savings account interest rates and other features.  ( 20 min )

Understand why the United Kingdom opted to not join the eurozone in adopting the euro over the pound sterling as its predominant currency, even when it was part of the E.U.  ( 23 min )

Robinhood hiked the interest rate for its best customers' uninvested cash balances to 4.65% APY. That's great for a brokerage cash account, but you can earn more elsewhere.  ( 18 min )

Apple's new savings account offers a competitive 4.15% interest rate, but 17 high-yield savings accounts pay at least 4.50%, with some rates as high as 5.00%, earning you more.  ( 17 min )

Savings account rates have already risen to record levels over the past 14 months, but will the Fed's latest announcement bump them higher, or cause them to plateau?  ( 20 min )

How the FAFSA helps students get federal and state financial aid, including grants, loans, and even scholarships.  ( 26 min )

The World Bank said the global economy is in a "precarious position" and reduced its outlook for worldwide GDP growth in 2024.  ( 16 min )

APR and APY are both used to calculate interest for investment and credit products, but differ in how they affect what you earn or must pay.  ( 26 min )

USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 20 min )

Venture capital firm Sequoia Capital said it will split into three separate units. The move comes amid a rise in tensions between the U.S. and China, especially on tech issues.  ( 16 min )

If you’re interested in opening a new certificate of deposit (CD) account, Schwab offers a simple brokered CD with attractive rates. Here’s what to know about Schwab CD APYs, terms, and features.  ( 19 min )

The government’s consumer watchdog is taking a look at banks’ use of customer service chatbots, finding that automated systems sometimes fail to help customers or give them inaccurate information.  ( 17 min )

A franchise is a business whereby the owner licenses its operations—along with its products, branding, and knowledge—in exchange for a franchise fee.  ( 26 min )

Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.  ( 22 min )

A co-signer can help you secure a loan, but eventually, it will be time to strike out on your own. Learn how to release a student loan co-signer from their obligation to your loan.  ( 21 min )

Explore the historical relationship between interest rate increases and the price of gold, and consider what effect a fed funds rate hike might have.  ( 24 min )

An inverse volatility exchange-traded fund (ETF) is a financial product that allows investors to bet on market stability without having to buy options.  ( 19 min )

A small corporate offering registration (SCOR) is a simplified means for smaller companies to raise capital by issuing shares.  ( 21 min )

Cash on delivery is a type of transaction in which payment for a good is made at the time of delivery.  ( 24 min )

Living in New Jersey while working in NYC can have its advantages. Here's a look at some of them.  ( 21 min )

Getting your first clients as a financial advisor can be a challenge and takes time. Learn how to get clients as a financial advisor here.  ( 24 min )

Biggest movers include Prometheus, TG Therapeutics, and Akero Therapeutics, all more than quadrupling in price in the last year while the Russell 2000 Index stays nearly unchanged.  ( 21 min )

Members of the LGBTQ+ community face many unique financial challenges related to marriage and family planning, debt, insurance, retirement, and more. Keep reading to learn more about these issues and how circumstances have changed over time.  ( 28 min )

Closed-end credit is a loan or extension of credit in which the proceeds are dispersed in full when the loan closes and must be repaid by a specified date.  ( 23 min )

Estimated tax is a quarterly payment that is required of self-employed people and business owners who do not have taxes automatically withheld.  ( 20 min )

These are the growth stocks with the fastest EPS and revenue growth heading into June.  ( 21 min )

Merck (MRK), the New Jersey-based maker of widely-used cancer treatment Keytruda, filed a lawsuit Tuesday in a federal court in Washington seeking to block the drug negotiation program, created by the Inflation Reduction Act of 2022, from going into effect in 2026.  ( 17 min )

Markets were little changed at midday on Tuesday, June 6, 2023, as banking gains were offset by declines in health care and consumer staples stocks, and Coinbase shares tumbled following SEC charges.  ( 16 min )

Rates on 30-year mortgages climbed for a second day, after previously sinking to a two-week low. Averages were modestly up across most loan types, though 5/6 ARM rates declined.  ( 19 min )

GitLab shares soared after releasing better-than-expected quarterly results and CFO Brian Robins said the company is "poised" to benefit from a boom in AI demand.  ( 16 min )

THOR Industries shares jumped after the RV and motorhome maker reported third quarter profit and sales beat estimates.  ( 16 min )

The Binance cryptocurrency exchange saw users fleeing after the SEC launched a lawsuit against the firm and its founder.  ( 17 min )

Certificate of deposit (CD) accounts may be better suited to some savers than others. Learn the pros and cons of using CDs to save.  ( 23 min )

A blue chip stock is a company that typically has a large market cap, a sterling reputation, excellent financials, and many years of success in the business world.  ( 24 min )

Coinbase was sued by the SEC for allegedly operating as an unregistered exchange, its also under fire from ten state regulators and its stock has dropped almost 14% in early trading.  ( 17 min )

A resume is a document that job applicants use to summarize their work experience, educational background, and special skills.  ( 23 min )

A carbon disclosure rating is a measure of the environmental sustainability of a company, based on voluntary disclosures by the company itself.  ( 18 min )

Revolving credit and a line of credit offer flexibility with when you accesses credit, but they are not the same. Learn about the differences in these loans.  ( 25 min )

Available credit refers to how much a borrower has left to spend. This amount can be calculated by subtracting the borrower's purchases from the total credit limit.  ( 22 min )

Saturn Oil & Gas, Vertex Energy, and Shawcor are top for best value, fastest growth, and most momentum, respectively.  ( 21 min )

You might expect all of America's top CEOs to have an MBA from an Ivy League school, but they hail from all kinds of academic backgrounds.  ( 25 min )

Moral hazard exists when a party to a transaction has an incentive to take unusual business risks because they are unlikely to suffer potential consequences.  ( 23 min )

Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.  ( 28 min )

An unemployment claim is a request an individual makes to a state government to receive temporary payments after having been laid off from a job.  ( 24 min )

Apple gets an analyst downgrade after the release of its pricey headset and TSMC warns of slowing capital expenditures. Here’s what investors need to know today.  ( 18 min )

Unemployment can vary wildly depending on where you live. Fortunately, the state unemployment rate at least makes it easy to find out.  ( 47 min )

The geometric mean is the average of a set of products, the calculation of which is commonly used to determine the performance results of an investment or portfolio.  ( 23 min )

Obtaining a commercial real estate loan is quite different from borrowing for residential real estate. Here's what to expect and how to get what you need.  ( 27 min )

The housing market is in a state of “gridlock,” according to mortgage data company Black Knight, which released a report Monday detailing obstacles facing buyers and sellers at many points in the homebuying process.  ( 18 min )

A merchant bank conducts underwriting, loan services, financial advising, and fundraising services for large corporations and high-net-worth individuals.  ( 23 min )

The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work.  ( 31 min )

Markets rose modestly on Tuesday, June 6, 2023, as semiconductor and regional bank stocks gained.  ( 1 min )

The Dow Jones Industrial Average finished the session essentially flat, with tech and financial stocks helping give the index a 0.03% boost.  ( 1 min )

These are the growth stocks with the fastest EPS and revenue growth heading into June.  ( 1 min )

Markets were little changed at midday on Tuesday, June 6, 2023, as banking gains were offset by declines in health care and consumer staples stocks, and Coinbase shares tumbled following SEC charges.  ( 1 min )

Apple gets an analyst downgrade after the release of its pricey headset and TSMC warns of slowing capital expenditures. Here’s what investors need to know today.  ( 1 min )

Venture capital firm Sequoia Capital said it will split into three separate units. The move comes amid a rise in tensions between the U.S. and China, especially on tech issues.  ( 1 min )

GitLab shares soared after releasing better-than-expected quarterly results and CFO Brian Robins said the company is "poised" to benefit from a boom in AI demand.  ( 1 min )

THOR Industries shares jumped after the RV and motorhome maker reported third quarter profit and sales beat estimates.  ( 1 min )

Merck (MRK), the New Jersey-based maker of widely-used cancer treatment Keytruda, filed a lawsuit Tuesday in a federal court in Washington seeking to block the drug negotiation program, created by the Inflation Reduction Act of 2022, from going into effect in 2026.  ( 1 min )

Zelfs als het al lukt om de uitstoot van broeikassen fors te verminderen, is de Noordpool waarschijnlijk tussen 2030 en 2050 al vrij van zomerijs. Dit betekent dat het zee-ijs in het noordpoolgebied een stuk sneller gesmolten kan zijn dan aanvankelijk werd verwacht. Dat concluderen onderzoekers dinsdag in het wetenschappelijke tijdschrift Nature Communications.  ( 4 min )

De Eerste Kamer heeft dinsdag unaniem gestemd voor de herinvoering van de basisbeurs. Dat betekent dat studenten vanaf september weer maandelijks geld op hun rekening gestort krijgen, dat na hun opleiding een gift wordt. Maar zorg dat je als student niet voor verrassingen komt te staan. Waar moet jij op letten?  ( 4 min )

Shell trekt na iets meer dan een jaar de stekker uit Shell Energy Nederland. Ook in Duitsland en het Verenigd Koninkrijk stopt het bedrijf met het leveren van energie aan huishoudens. Dat bevestigt een woordvoerder van Shell aan NU.nl.  ( 3 min )

De beurswaarde van cryptoplatform Coinbase is dinsdag met bijna 20 procent gedaald doordat de Amerikaanse toezichthouder SEC een strafzaak is gestart tegen het bedrijf. Het grootste cryptoplatform van de Verenigde Staten zou diensten aanbieden zonder de juiste vergunning.  ( 3 min )

NS krijgt een boete van 1,5 miljoen euro omdat de spoorvervoerder vorig jaar minder treinen liet rijden. Het is het maximale bedrag dat verantwoordelijk staatssecretaris Vivianne Heijnen (Infrastructuur) kan opleggen voor het afschalen van de dienstregeling.  ( 4 min )

Na ruim vijf jaar leenstelsel keert de basisbeurs in het hoger onderwijs terug. De Eerste Kamer heeft dinsdag ingestemd met een wetsvoorstel dat daarvoor zorgt. Daardoor kunnen zo'n 435.000 studenten van hogescholen en universiteiten vanaf september weer minstens 100 euro per maand krijgen.  ( 4 min )

Amerikaanse autoriteiten slepen Binance en topman Changpeng Zhao voor de rechter. Volgens beurstoezichthouder SEC hebben de ondernemer en het cryptoplatform een "web van leugens" gesponnen. Een deel van de beleggers heeft de afgelopen 24 uur hun geld weggehaald.  ( 4 min )

Precies tien jaar geleden gaf ING de eerste bankpas uit waarmee je kon betalen zonder de pas in de automaat te steken. Winkeliers en consumenten moesten eraan wennen, maar inmiddels rekenen we ruim 400 miljoen keer per maand contactloos af. En dat kan op steeds meer plekken.  ( 4 min )

PostNL heeft te maken met vertragingen bij het bezorgen en retourneren van pakketten. Volgens een woordvoerder is er altijd sprake van een bestelpiek wanneer het vakantiegeld gestort is en we vrije meidagen hebben. Maar er wordt nu meer besteld dan was voorzien.  ( 3 min )

Ov-reizigers kunnen sinds dinsdag overal in Nederland inchecken met een betaalkaart. Het Rotterdamse ov-bedrijf RET was de laatste vervoerder die OVpay nog niet had ingevoerd.  ( 5 min )

PostNL heeft te maken met vertragingen bij het bezorgen en retourneren van pakketten. Volgens een woordvoerder is er altijd sprake van een bestelpiek wanneer het vakantiegeld gestort is en we vrije meidagen hebben. Maar er wordt nu meer besteld dan was voorzien.  ( 3 min )

Duitse fabrikanten worstelen met de afkoelende wereldeconomie. In april daalde het aantal nieuwe orders weer. De moeizame staat van de industrie zorgde in de eerste maanden van dit jaar mede voor een recessie bij onze oosterburen.  ( 3 min )

Microsoft heeft een schikking getroffen met de Amerikaanse toezichthouder FTC. Het techconcern verzamelde illegaal gegevens van kinderen onder de dertien jaar die zich aanmeldden voor gamedienst Xbox Live.  ( 3 min )

Schiphol test een nieuwe robot die koffers kan tillen en zo het werk van het personeel kan verlichten. Ook wordt een robot getest die koffers opzij kan schuiven naar de bagageband.  ( 3 min )

Bij de Amsterdamse fabriek van PPG wordt deze week gestaakt. Het personeel van de grootste verffabriek van Nederland, waar blikken van bekende merken als Histor en Sigma worden gevuld, probeert zo een hoger loon voor elkaar te boksen.  ( 3 min )

Schiphol test een nieuwe robot die in de bagagehal koffers kan tillen en daarmee het werk voor het personeel kan verlichten. Ook wordt een robot getest die koffers opzij kan schuiven naar de bagageband. De luchthaven kondigt aan nog een aantal andere tilhulpen en volledig geautomatiseerde systemen te willen testen.  ( 3 min )

De inflatie was in de maand mei 6,1 procent, terwijl de prijzen in april nog 5,2 procent hoger waren dan een jaar eerder. Eten en drinken is nog altijd veel duurder dan een jaar eerder, terwijl de energieprijzen niet hard genoeg dalen om de inflatie omlaag te brengen.  ( 4 min )

Het leek alsof geen groot techbedrijf nog een presentatie kon geven zonder focus op kunstmatige intelligentie. Maar Apple trekt zich niets van die trend aan en zet juist vol in op augmented reality, met een bril van 3.499 dollar: de Vision Pro.  ( 5 min )

De inflatie was in de maand mei 6,1 procent, terwijl prijzen in april nog met 5,2 procent stegen ten opzichte van een jaar eerder. Eten en drinken blijft veel duurder dan een jaar eerder, terwijl energieprijzen niet hard genoeg dalen om de inflatie omlaag te brengen.  ( 3 min )

De Autoriteit Persoonsgegevens (AP) heeft in vijf jaar tijd al meer dan 114.000 meldingen van datalekken ontvangen. Soms komen daarbij de gegevens van honderdduizenden mensen op straat te liggen. Volgens de toezichthouder is daardoor bijna iedere Nederlander al één of meerdere keren slachtoffer geworden van een datalek.  ( 6 min )

Unemployment is the term for when a person who is actively seeking a job is unable to find work.  ( 28 min )

Be careful of websites making bogus offers of free credit scores. If a site asks for credit card information, you’ll most likely end up being charged.  ( 23 min )

Continuing claims refers to the number of people who have already filed an initial claim and are still filing for unemployment benefits.  ( 21 min )

A variable annuity is a type of annuity that can rise or fall in value based on the performance of its underlying investment portfolio.  ( 25 min )

The National Foundation for Credit Counseling (NFCC) is a national network of non-profit credit counseling organizations. Learn how it works.  ( 21 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

Marijuana-focused cryptocurrencies began in 2014 and surged in 2018 as global legalization efforts began.  ( 22 min )

Stashing cash in a high-yield bank account is an easy way to earn a lot more interest on your money, and right now, you can earn 5.25% with the top money market account.  ( 18 min )

Delinquency rates on commercial mortgage-backed securities backed by office properties jumped in May by the most since June 2018.  ( 17 min )

Markets fell on Monday, June 5, 2023 as initial enthusiasm for Apple's new headset faded.  ( 16 min )

The Dow Jones Industrial Average fell 0.6%, or about 200 points, as markets cooled off from Friday's blistering rally. Amgen rose more than any other stock, but Intel led the index lower.  ( 17 min )

Apple shares hit an all-time high on Monday as the company released its long-awaited mixed reality headset.  ( 17 min )

Sales of Tesla EVs made in China soared in May and were up 142% from the same period in 2022, when COVID-19 restrictions limited production.  ( 16 min )

A dividend is usually declared quarterly after a company finalizes its income statement and dividends are paid either by check or in additional shares of stock.  ( 25 min )

When the economy blows up, find out what funds offer some protection from major losses.  ( 21 min )

GM said it plans to invest more than $1 billion on manufacturing new heavy-duty ICE pickups.  ( 16 min )

The NYSE and the Nasdaq have pre-market and after-hours trading. Several factors are worth considering if you want to trade at these times.  ( 24 min )

This week’s cryptocurrencies to keep an eye on are XRP (XRP), The Sandbox (SAND), XDC Network (XDC), and Lido (LDO).  ( 20 min )

A defensive acquisition is a strategy that consists of a company buying another company as a "defense" against market downturns or possible takeovers.  ( 21 min )

The SEC has sued Binance, BAM Trading Services, and founder Changpeng Zhao for violating U.S securities laws, including the operation of an unregistered exchange.  ( 19 min )

You don’t need your parents to get a student loan. Learn about private and federal student loans to see which loans you may be eligible for.  ( 23 min )

With the plethora of digital currency exchanges, how can an investor choose the right one? Take the steps to find the best exchange for your needs.  ( 23 min )

The financial services sector consists of a diverse group of companies that goes beyond banks and credit unions.  ( 26 min )

Stock options and stock warrant have similar functions. However, companies use these two financial instruments for different purposes.  ( 22 min )

Especially at senior levels, LGBTQ+ representation in the workplace is low.  ( 29 min )

Employers in the service sector say they’re pulling back on hiring, raising concerns about cracks showing in the until-now stalwart labor market.  ( 16 min )

Members of the LGBTQ+ community have had a harder time getting home mortgages, although that may be starting to change.  ( 26 min )

A nearly equal share of women and men have IRAs, but men have a substantial lead when it comes to account balances and retirement readiness.  ( 25 min )

A derivative that gives the holder the right, but not the obligation, to buy or sell a security at a certain price before expiration.  ( 22 min )

First Republic Bank’s collapse was due to several factors, including its high levels of uninsured deposits and broader concerns about the stability of regional banks.  ( 29 min )

Rates on 30-year loans inched up after sinking to a two-week low, while 15-year rates dipped slightly and jumbo 30-year rates were flat.  ( 20 min )

A blank check company is a developmental stage company that has no specific business plan or has the intent to merge or acquire another firm.  ( 22 min )

Personal loan rates continued to moderate this week, lowering the overall average by 7 basis points.  ( 17 min )

Apple's stock has risen to a new all-time on Monday ahead of its developer conference where the company is expected to unveil its mixed reality headsets.  ( 17 min )

Bayes' theorem is a mathematical formula for determining conditional probability of an event. Learn how to calculate Bayes' theorem and see examples.  ( 24 min )

Follow these 10 steps to help you build a profitable trading plan. It's impossible to avoid disaster without trading rules—so, make sure you know how to devise them for yourself.  ( 25 min )

The dividend discount model (DDM) is a system for evaluating a stock by using predicted dividends and discounting them back to present value.  ( 29 min )

A bribe is an illegal act in which a gift (for example, money) is given with the goal of influencing an outcome.  ( 19 min )

The War Damage Corporation was a government program created during World War II to provide coverage for property damages related to war.  ( 18 min )

Finance is the study of money management and the process of acquiring needed funds—including personal finance, corporate finance, and public finance.  ( 24 min )

U.S. equities were mixed at midday on Monday, June 5, 2023, with Apple helping to boost the tech sector.  ( 16 min )

A risk premium is the return in excess of the risk-free rate of return that an investment is expected to yield.  ( 26 min )

Oil futures rose after Saudi Arabia announced it would reduce crude output by an additional 1 million barrels per day beginning in July.  ( 16 min )

EPAM shares fell to their lowest level in more than a year after the company cut its current quarter and full-year revenue and profit outlook as customers pulled back spending.  ( 16 min )

Rates on 30-year loans inched up after sinking to a two-week low, while 15-year rates dipped slightly and jumbo 30-year rates were flat.  ( 19 min )

Understand what tradable commodities are as well as the rules and risks governing how they are sold and traded in the marketplace.  ( 20 min )

Next of kin is usually defined as a person's closest living blood relative, someone who may have inheritance rights, and obligations.  ( 25 min )

Property taxes can be a huge burden for the homeowner. Learn more about some of the tricks you can use to lower your property tax.  ( 26 min )

Delivered-at-place (DAP) refers to an arrangement wherein the seller covers the costs and takes on the risks of moving product to the buyer's location.  ( 23 min )

Federal regulators are preparing to introduce new banking rules that would force big banks to hold up to 20% more capital, the Wall Street Journal reported Monday.  ( 16 min )

BRY, GNK, EGLE, CALM, and SFL lead peers by forward dividend yield  ( 23 min )

Lex Sokolin, one of our favorite futurists, rejoins The Express to show us how A.I., ChatGPT, and the Blockchain are already changing finance and investing, and where they are taking us into the future.  ( 18 min )

The list of the 500 companies that make up the S&P 500 is called its constituent list and includes many well-known names.  ( 24 min )

Saudi Arabia will cut oil production by 1 million barrels this summer and Apple prepares to release its new VR headset. Here’s what investors need to know today.  ( 17 min )

These five popular candlestick chart patterns signal a bullish reversal in downtrend.  ( 25 min )

Balanced trade is an economic model under which countries engage in reciprocal trade patterns and do not run significant trade surpluses or deficits.  ( 25 min )

A virtual assistant is an independent contractor who provides administrative services to clients while working outside of the client's office.  ( 23 min )

Learn about the Securities Industry Essentials Exam (SIE), the streamlined qualification test from FINRA for people looking to get a job in the securities industry.  ( 24 min )

Puerto Rico has beautiful beaches, a great climate, and tax breaks for American buyers—but also a huge debt crisis. Learn more about purchasing a condo in Puerto Rico.  ( 23 min )

Positive pay is a banking service used to match the checks a company issues with those it presents for payment. Learn how it is used to deter check fraud.  ( 24 min )

Lael Brainard is director of the National Economic Council as of February 2023 and a former vice chairman of the Federal Reserve Board.  ( 22 min )

Electric vehicles are set to become a $700 billion market by 2030, and the electric boat niche is a very fast-growing part of that market  ( 17 min )

Two insurance industry giants have pulled back from California's home insurance marketplace, saying that increasing wildfire risk and soaring construction costs have prompted them to stop writing new policies in the nation's most populous state. State Farm announced last week it would stop accepting applications for all business and personal lines of property and casualty insurance, citing inflation, a challenging reinsurance market and “rapidly growing catastrophe exposure.” The decision did not impact personal auto insurance.  ( 8 min )

(Bloomberg) -- Intel Corp., the largest US chipmaker by revenue, will sell part of its holdings in Mobileye Global Inc., raising about $1.48 billion for its ambitious spending plans. Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyA Wall Street Titan Scores One of the Best Real Estate Trades EverOil Nudged Higher by Saudi Surprise Cut as Traders Wait and SeeUS F-16 Triggers Sonic Boom Pursuing Cessn  ( 7 min )

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After the offering, Intel's voting share in the self-driving technology company will come down to about 98.7% from the 99.3% it currently holds. Shares of the Jerusalem, Israel-based Mobileye fell over 4% to $40.55 in extended trading. The share sale comes at a time when the company is facing intense competition in the assisted driving market from chipmakers Nvidia Corp and Qualcomm Inc, which are trying to make inroads into the space.  ( 7 min )

In the realm of artificial intelligence (AI), professionals often compare the progress of AI systems to raising a toddler. Similar to how toddlers rely on adults for guidance and education to develop and mature, AI creations like the widely known chatbot phenomenon ChatGPT also depend on human intervention to gain knowledge and communication abilities. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families This has giv  ( 8 min )

Unity's software will be used in Apple's new headset. After Apple's announcement, Unity stock had its best intraday performance since November 10.  ( 8 min )

The Securities and Exchanges Commission’s (SEC) suit against the biggest crypto exchange in the world, Binance, could be a huge misstep if other countries allow the crypto industry to develop and it eventually replaces the traditional banking sector, Jim Bianco, president and founder of Bianco Research said.  ( 8 min )

With little notice, US oil exports have hit new record highs. That will counter new OPEC production cuts and help keep prices in check.  ( 9 min )

Shares of U.S. banks fell on Monday with some investors pointing to worries that a flood of Treasury bill issuance following the raising of the U.S. debt ceiling would drain liquidity from lenders. The U.S. government is expected to issue $1 trillion or more of short-term debt to replenish its Treasury General Account (TGA) or cash reserves that were depleted during the political haggling over the debt ceiling. Some analysts have warned that this flood of new bills could drain bank reserves at time when liquidity is needed to bolster their balance sheet given the recent shocks to the financial system from the regional banking crisis.  ( 7 min )

Blackstone real estate investment trust (BREIT) is known as one of America’s largest and most dependable privately held REITs when it comes to delivering investor returns. However, 2023 has proven to be a difficult year for real estate investors, and Blackstone is not immune. As of May 1, 2023, Blackstone announced it is limiting investor withdrawals from its REIT, which is worth an estimated $70 billion. This move is not a new trend, as Blackstone has been limiting monthly investor withdrawals  ( 9 min )

Investors are bracing for a wave of U.S. government bond issuance as the Treasury plans to refill its depleted coffers quickly after the recent suspension of the debt limit. The Treasury General Account has fallen sharply since January when Treasury hit its limit on borrowing. Deutsche Bank strategist Steven Zeng said in a recent research note he expected net bill issuance of $400 billion in June, followed by $500 billion between July and September.  ( 6 min )

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At Berkshire Hathaway Inc.’s annual shareholder meeting, Charlie Munger’s revelation about a brilliant investment he made over 60 years ago offered a glimmer of hope and inspiration to investors worldwide. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families The octogenarian billionaire has been raking in $70,000 per year from a $1,000 bet on oil royalties, a deal he struck with a golfer named Al Marshall after a cha  ( 8 min )

Personal finance guru received up to $30 million for promoting timeshare exit company that failed to help customers, complaint alleges.  ( 6 min )

History repeats itself. According to Dow Jones Market Data, Apple shares have averaged a 0.3% decline during WWDC keynotes, going back to 2013. Sure enough, tn the first few minutes after Apple announced and offered details for its 'Vision Pro' mixed reality headset, the company's stock lost its g  ( 25 min )

As a serial entrepreneur who co-founded Tesla Inc., revolutionized the electric car industry and is sending rockets into space, Elon Musk isn’t known for being a real estate guru. But lately, the billionaire has been sounding the alarm for the sector. “Commercial real estate is melting down fast,” Musk said in a recent tweet. “Home values next.” He elaborated on the dire forecast during an interview with former Fox News personality Tucker Carlson in April. “We really haven’t seen the commercial  ( 9 min )

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The 10% reduction in output suggests Riyadh is willing to sacrifice market share to prop up prices.  ( 35 min )

Binance is by far the world's largest cryptocurrency exchange and a pillar of the digital asset economy. Bitcoin fell after the news of the SEC charges.  ( 22 min )

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The data-analytics software company says it was awarded a contract from the U.S. Special Operations Command.  ( 22 min )

Despite a recent surge in stocks, Morgan Stanley sees an earnings recession on the horizon in 2023.  ( 9 min )

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Citi analyst Christopher Danely says chip stocks "are due for a pullback.” He's cautious on the group, and has moved Micron stock to the front of the pack.  ( 22 min )

The Biden administration has asked a federal judge to toss out a lawsuit by Republican-led states seeking to strike down a rule allowing socially-conscious investing by employee retirement plans. The U.S. Department of Justice in a filing in Amarillo, Texas federal court on Friday said the rule was needed to replace improper limitations that the Trump administration had placed on considering environmental, social and corporate governance (ESG) factors in making investment decisions. A coalition of 25 states led by Utah and Texas sued in January, claiming the U.S. Department of Labor rule would imperil the retirement savings of millions of Americans by allowing investments to be made based on political agendas rather than financial considerations.  ( 6 min )

HSBC Global Research analyst Adam Fox-Rumley cut his price targets on AT&T, T-Mobile, and Verizon.  ( 22 min )

Billionaire and Microsoft Corp. Co-Founder Bill Gates continues to make waves with his latest venture into the beer industry. Gates made headlines by acquiring a substantial stake in Heineken Holding NV (OTC:HEINY), a Dutch company worth nearly $1 billion. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families The transaction, which occurred on Feb. 17, involved Gates purchasing 10.8 million shares valued at $939.87 mi  ( 8 min )

Apple shares have reached an all-time high as the tech company prepares to unveil its long-awaited virtual reality headset.  ( 31 min )

Anti-woke entrepreneurs seem to have forgotten the most basic requirement of capitalism: to make a profit.  ( 10 min )

EPAM shares fell to their lowest level in more than a year after the company cut its current quarter and full-year revenue and profit outlook as customers pulled back spending.  ( 16 min )

A renovated Walgreens store in downtown Chicago now only has two aisles of products available for public browsing while the rest is behind counters.  ( 7 min )

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BRY, GNK, EGLE, CALM, and SFL lead peers by forward dividend yield  ( 24 min )

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(Bloomberg) -- The S&P 500 Index is heading toward a bull-market milestone after stocks rallied back from last year’s lows on optimism the Federal Reserve is nearing the finish line of its interest-rate hikes. Most Read from BloombergMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutUS F-16 Triggers Sonic Boom Pursuing Cessna That CrashedSaudi Shoulders Burden to Support  ( 7 min )

US stocks moved higher Monday, with contracts on the S&P 500 (^GSPC), the Dow Jones Industrial Average (^DJI), and on the Nasdaq Composite (^IXIC) were flat.  ( 8 min )

Canaccord analyst George Gianarikas has an idea for a price reduction that investors would probably love.  ( 22 min )

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Employer-sponsored, tax-deferred retirement plans like 401(k)s and 403(b)s have rules about when you can access your funds. As a general rule, if you withdraw funds before age 59 ½, you'll trigger an IRS tax penalty of 10%. The good news … Continue reading → The post What Is the Rule of 55 and How Does It Work? appeared first on SmartAsset Blog.  ( 9 min )

Before you see a dollar of lottery winnings, the IRS will take 25%. Up to an additional 13% could be withheld in state and local taxes, depending on where you live. Still, you'll probably owe more when taxes are due, … Continue reading → The post How Taxes on Lottery Winnings Work appeared first on SmartAsset Blog.  ( 10 min )

Required minimum distributions (RMDs) are withdrawals you have to make from most retirement plans (excluding Roth IRAs). The age for withdrawing from retirement accounts was increased in 2020 to 72 from 70.5. The SECURE 2.0 Act, though, raised the age for … Continue reading → The post How to Calculate Required Minimum Distribution (RMD) appeared first on SmartAsset Blog.  ( 14 min )

Asset protection planning aims to protect assets from creditor claims. Here's a breakdown of several ways to go about this process.  ( 9 min )

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Strategists led by Michael Wilson said in a note on Monday that they expect earnings to rebound sharply, with a 23% jump next year. Morgan Stanley predicted the index to rebound to 4,200 levels in 2024 while keeping its 2023-end target unchanged at 3,900. A slew of positive news, with expectations of a Fed pivot, persistent improvement in liquidity, and AI-related tailwinds to mega-cap names such as Nvidia Corp, have buoyed indexes so far, Morgan Stanley said.  ( 7 min )

It's time to call out some trends to watch in the stock market before hitting the surf and sand.  ( 10 min )

It's time to call out some trends to watch in the stock market before hitting the surf and sand.  ( 10 min )

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Investors are awaiting news from the company's Worldwide Developers Conference, including the expected launch of a mixed-reality headset.  ( 25 min )

The deal for the pump-and-valve maker counts as a relatively large leveraged buyout as financing for such takeovers has become more scarce.  ( 28 min )

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KKR said it will pay $49 a share, sending the shares of Massachusetts-based Circor surging 49% to $47.20 in premarket trading. Circor, which has about 3,100 employees, makes pump and valve systems for sectors including industrial, aerospace, defense, oil and gas. The Wall Street Journal first reported the deal, citing people familiar with the matter.  ( 7 min )

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Newly-profitable Coupang, which serves customers in South Korea and Taiwan, joins the Fortune 500 list at No. 195.  ( 10 min )

The global beer conglomerate finds itself caught up in a distinctly American uproar. But for long-term investors, the Bud Light brouhaha could be a rare buying opportunity.  ( 27 min )

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Tighter lending standards from regional banks are making it harder for U.S. hotel developers to secure funding, slowing construction of new hotels at a time Americans' appetite for travel is ripe. Hotel developers, private equity firms, and general contractors told Reuters the financial stress on regional banks -- the largest lenders to hotels and other commercial real estate markets -- has forced developers to postpone projects or find other creative ways to raise capital. The hotel industry's predicament highlights the impact on the broader U.S. economy of the regional banking crisis, which resulted in the failure of three mid-sized U.S. lenders and prompted a flight in deposits to larger banks.  ( 8 min )

(Bloomberg) -- For the majority of PayPal Holdings Inc. analysts, the only way is up. Trouble is, the stock keeps going down.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Support Oil Market With Extra CutsUS-China Handshake Fails to Stem Fears of Conflict in AsiaAbout two thirds of the more than 50 Wall Street firms c  ( 8 min )

Johnson & Johnson's legal settlement with Amgen Inc to delay a biosimilar version of its blockbuster psoriasis treatment Stelara until January 2025 could make the drug a larger contributor to J&J’s 2024 and 2025 sales than Wall Street is forecasting. Stelara, introduced in 2009, has been J&J’s top-selling drug since 2019, with sales reaching $9.7 billion in 2022. Its patents begin to expire this year, opening the door to a cheaper biosimilar entering the market, and raising expectations that the company would need to lower the $13,000 per month price of Stelara.  ( 8 min )

(Bloomberg) -- Apple Inc. is on pace to close at a record high ahead of its most significant product launch event in nearly a decade, after benefiting from a broader rotation back into technology stocks.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Support Oil Market With Extra CutsUS-China Handshake Fails to Stem Fea  ( 7 min )

(Bloomberg) -- Canada is staking billions of dollars of public money on an oil industry plan to transform one of the world’s dirtiest crudes into one of the cleanest. But it’s relying on a technology with a checkered track record to prolong the life of a business critics say belongs in the history books.The tar that infuses the sands in Canada’s remote northwest is so sticky the region’s indigenous people traditionally used it to waterproof their canoes. It wasn’t much use for anything else unti  ( 11 min )

(Bloomberg) -- The Federal Reserve’s June meeting is shaping up to be one of the trickiest in its 15-month campaign to tame inflation: Chair Jerome Powell seems intent on skipping an interest-rate increase, while explaining to the public that officials aren’t done yet.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Supp  ( 8 min )

↗️ Palo Alto Networks (PANW): The stock will join the S&P 500 benchmark, replacing Dish Network (DISH), the index compiler S&P Dow Jones Indices said. Shares in Palo Alto Networks gained mor  ( 20 min )

Commodity prices are in retreat, signaling a deceleration in the world economy but lending central banks a hand in their fight against inflation.  ( 28 min )

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U.S. futures paused on Monday after stocks tore higher on Friday after the latest jobs report. As investors look ahead to the Federal Reserve’s monetary policy decision next week, services-sector data due in the day ahead are in focus. Futures for the Dow Jones Industrial Average advanced 30 points  ( 27 min )

Crude oil futures opened the trading week higher after Saudi Arabia said that it was cutting production on top of OPEC+ reductions. Most-actively Brent crude oil contracts jumped, and recently stood more than 2.2% higher at $77.84 a barrel. The equivalent contract for the U.S. benchmark, West Texas  ( 20 min )

The shares moving the most today.  ( 22 min )

Our managers were all replaced with coaches, with a ratio of one coach per six employees.  ( 8 min )

U.S. automaker Tesla Inc delivered 77,695 China-made electric vehicles (EVs) in May, data from the China Passenger Car Association (CPCA) showed on Monday. That represented a 2.4% jump from April when Tesla sold 75,842 locally made Models 3 and Y in the world's largest auto market. On a yearly basis, sales rose 142% in May from 32,165 vehicles in the same month of 2022 when Shanghai, where its factory is located, was still subject to COVID-19 containment measures, disrupting production.  ( 6 min )

(Bloomberg) -- European stocks may drop as much as 10% over the next few months.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises After Saudis Pledge Million-Barrel Cut at OPEC+ MeetMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Support Oil Market With Extra CutsUS-China Handshake Fails to Stem Fears of Conflict in AsiaThat’s the view of Morgan Stanley strategists led by Graham Secker, who expect the MSCI Europe Loca  ( 8 min )

There are some signs of de-dollarisation emerging right now, but the dollar should retain its "large footprint" for the foreseeable future, JPMorgan currency strategists said in a note on Monday. "Putting together various measures, overall USD usage remains within its historical range with the dollar at top of the pack, but usage is bifurcated under the hood," strategists Meera Chandan and Octavia Popescu at the Wall Street bank wrote. "De-dollarisation is evident in FX reserves where (the dollar's) share has declined to a record as share in exports declined, but is still emerging in commodities," the strategists said.  ( 6 min )

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At just over $71 a barrel, WTI crude remains above a key “support” level in the high-sixties.  ( 22 min )

Asian stocks followed Wall Street higher on Monday after strong U.S. hiring data suggested a possible recession might be further away, while smaller wage gains stoked hopes inflationary pressures are weakening. Shanghai, Hong Kong and Seoul also rose. Wall Street's benchmark S&P 500 index leaped 1.5% on Friday, putting it on the verge of entering what traders call a “bull market” after rising nearly 20% in seven months.  ( 8 min )

The Danish company said it had entered into exclusive negotiations with Bio Jag, Biocorp's main shareholder, for the purchase of its over 45% stake in the French company at a price of 35.0 euros ($37.44) per share in cash. The price represents a premium of 19.5% over Biocorp's closing market price on June 2 and the transaction values Biocorp at about 154 million euros, the companies said. Certain minority shareholders, representing 19.0% of the share capital of Biocorp, will also transfer shares to Novo Nordisk and the transaction will be followed by a squeeze-out procedure.  ( 7 min )

U.S. regulators are preparing to tighten rules for large banks, which could raise their capital requirements by 20% on average, the Wall Street Journal reported on Monday, to boost the financial system's resilience after a spate of midsize bank failures this year. Regulators are on track to propose the changes as early as this month, the WSJ reported, citing people familiar with the matter. Last month, the U.S. Federal Reserve's top regulatory official told Congress that the central bank would likely unveil its plan to ratchet up capital rules for banks this summer and ensure supervisors more aggressively police lenders following the bank failures.  ( 6 min )

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The dollar firmed against major peers in Asian trading after a robust U.S. jobs report spurred traders to price in higher interest rates for longer. The Australian dollar erased early losses after a report showed a pick-up in services activity in key trading partner China. The Canadian dollar proved resilient, buoyed by a spike in crude oil prices.  ( 7 min )

A global shortfall in crude oil supply is set to deepen in the third quarter as the world's top exporter Saudi Arabia pledged extra output cuts from July in a move likely to push Brent towards $100 a barrel by the end of the year, analysts said. Oil prices jumped more than $1 a barrel on Monday as the Saudi energy ministry said on Sunday its output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the kingdom's biggest reduction in years. The voluntary cut pledged by Saudi is on top of a broader deal by the Organization of the Petroleum Exporting Countries and their allies including Russia to extend production cuts into 2024 as the group seeks to boost flagging oil prices.  ( 8 min )

US stocks closed lower Wednesday as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor vote later. Meanwhile, strong US jobs data and China’s economic woes pressured global markets.  ( 9 min )

(Bloomberg) -- Morgan Stanley anticipates a sudden pullback in corporate earnings will slam the brakes on a US equity rally, a call at odds with Wall Street estimates. Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutUS-China Handshake Fails to Stem Asia’s Fear of Another UkraineOil Surges After Saudis Pledge Million-Barrel Cut at OPEC+ MeetQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime Membe  ( 7 min )

Asian shares extended a global rally on Monday on optimism the Federal Reserve would pause its rate hikes this month after a mixed U.S. jobs report, while oil jumped as Saudi Arabia pledged big output cuts in July. Brent oil jumped $1.82, or 2.4%, to $77.95 a barrel, while U.S. crude climbed $1.77, or 2.4%, to $73.51. Oil prices have recently come under pressure amid heightened concerns about China's slowing economic recovery.  ( 8 min )

(Bloomberg) -- Asian stocks were poised to climb Monday after the S&P 500 rose to the cusp of a bull market amid strengthening bets for a Federal Reserve rate pause this month. Oil rallied on a supply cut from Saudi Arabia.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-Chin  ( 8 min )

(Bloomberg) -- Saudi Arabia said it will make an extra 1 million barrel-a-day production cut in July, taking its production to the lowest level for several years after a plunge in crude prices.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-China Handshake Fails to Stem Asia  ( 9 min )

(Bloomberg) -- Financial professionals have a warning for their employers: Don't ask me to come in to the office more often, or I’ll quit.Most Read from BloombergMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutUS-China Handshake Fails to Stem Asia’s Fear of Another UkraineQatar Airways Plans for Future Without First Class on Long-HaulOil Surges After Saudis Pledge Million-Barrel Cut at OPEC+ MeetThat's according to the latest Ma  ( 9 min )

Markets fell on Monday, June 5, 2023 as initial enthusiasm for Apple's new headset faded.  ( 1 min )

The Dow Jones Industrial Average fell 0.6%, or about 200 points, as markets cooled off from Friday's blistering rally. Amgen rose more than any other stock, but Intel led the index lower.  ( 1 min )

U.S. equities were mixed at midday on Monday, June 5, 2023, with Apple helping to boost the tech sector.  ( 1 min )

Oil futures rose after Saudi Arabia announced it would reduce crude output by an additional 1 million barrels per day beginning in July.  ( 1 min )

Saudi Arabia will cut oil production by 1 million barrels this summer and Apple prepares to release its new VR headset. Here’s what investors need to know today.  ( 1 min )

Apple shares hit an all-time high on Monday as the company released its long-awaited mixed reality headset.  ( 1 min )

Sales of Tesla EVs made in China soared in May and were up 142% from the same period in 2022, when COVID-19 restrictions limited production.  ( 1 min )

GM said it plans to invest more than $1 billion on manufacturing new heavy-duty ICE pickups.  ( 1 min )

EPAM shares fell to their lowest level in more than a year after the company cut its current quarter and full-year revenue and profit outlook as customers pulled back spending.  ( 1 min )

Na een koel en fris voorjaar genieten Nederlanders momenteel massaal van de zon. Alleen is dat lekkere weer minder goed voor je gazon. Hoe zorg je er ondanks de droogte voor dat jouw gras groener is dan bij de buren?  ( 6 min )

Het nieuwe besturingssysteem voor de iPhone, iOS 17, is een relatief kleine update ten opzichte van iOS 16. Wel komt er een gloednieuwe dagboekapp en wordt een nieuwe stand-bymodus toegevoegd. Ook presenteerde Apple vernieuwingen voor Macs.  ( 4 min )

De Europese gasprijs is maandag voor het eerst sinds maart tot 20 procent gestegen. Dat komt voornamelijk doordat steeds meer Aziatische landen proberen vloeibaar gemaakt aardgas (lng) te bemachtigen. De markt voor lng wordt daardoor krapper.  ( 3 min )

Hooikoortspatiënten bestellen de laatste weken massaal pillen, sprays en druppels. De verkopen zijn veel hoger dan gebruikelijk in deze tijd van het jaar. Dat merkt A.S. Watson, het bedrijf achter drogisterijketens Trekpleister en Kruidvat.  ( 3 min )

VDL Groep, die ook eigenaar is van VDL Nedcar, gaat aluminium fietsframes maken. Het daarvoor opgerichte VDL Bike Frame strijkt neer in Breda.  ( 2 min )

Bingoal heeft van de Kansspelautoriteit een boete van 400.000 euro gekregen. Het sportgokbedrijf richtte zich in een reclame op jongvolwassenen in de leeftijd van 18 tot 24 jaar. Dat is verboden.  ( 3 min )

Supermarktconcern Jumbo gaat terug naar de kern. Waar in het verleden een product werd toegevoegd als een klant erom vroeg, houdt de keten het assortiment nu kritisch tegen het licht.  ( 3 min )

Het blijft voor Oekraïne waarschijnlijk verboden om graan te verkopen in vijf Oost-Europese landen. De landen vrezen voor concurrentie van het goedkopere Oekraïense graan en dwongen vorige maand al een tijdelijk verbod af, dat maandag afloopt. Een verlenging tot september is in de maak.  ( 3 min )

Het rommelt bij streamingdienst Viaplay. Topman Anders Jensen vertrekt bij het bedrijf vanwege tegenvallende resultaten. Het videoplatform, dat onder meer de Formule 1-races van Max Verstappen uitzendt, heeft zijn financiële verwachtingen inmiddels naar beneden bijgesteld.  ( 3 min )

Niet eerder is er zoveel energie opgewekt met zonnepanelen als in de maand mei. Het is ook voor het eerst dat deze hernieuwbare bron meer energie opleverde dan biomassa, zo blijkt uit cijfers van Energieopwek.nl.  ( 3 min )

Het rommelt bij streamingdienst Viaplay. Topman Anders Jensen vertrekt bij het bedrijf vanwege tegenvallende resultaten. Het videoplatform, dat onder meer de Formule 1-races van Max Verstappen uitzendt, heeft zijn financiële verwachtingen inmiddels naar beneden bijgesteld.  ( 3 min )

UBS rondt de overname van branchegenoot Credit Suisse naar verwachting op 12 juni af. Daarmee ontstaat een Zwitserse bankenreus met een balanswaarde van 1,6 biljoen dollar (1,7 biljoen euro).  ( 3 min )

De langlopende hypotheekrentes zijn in 2023 nauwelijks veranderd, ziet De Hypotheker. Ook maakt het nauwelijks meer uit of je de rente vastzet voor tien, twintig of dertig jaar.  ( 3 min )

Vermogende reizigers die vliegen met Qatar Airways kunnen binnenkort niet langer een dutje doen in een van de luxueuze ligstoelen in de eersteklas. De luchtvaartmaatschappij gaat die namelijk schrappen in de volgende generatie langeafstandsvliegtuigen.  ( 3 min )

Drie kwart van de Nederlandse ondernemers zegt hogere kosten niet of slechts voor een deel te kunnen doorberekenen aan de klant. Dat komt vooral doordat ze bang zijn om klanten kwijt te raken aan de concurrentie. Bovendien zijn prijzen vaak vastgelegd in afspraken met klanten, meldt statistiekbureau CBS.  ( 3 min )

Zo'n 5 procent van de bedrijven in Nederland dreigt door schulden in de knel te raken. Het gaat om vijfduizend tot tienduizend ondernemingen. Onder meer in de horeca vrezen veel ondernemers dat ze niet meer aan hun betalingsverplichtingen kunnen voldoen.  ( 3 min )

In steeds meer sectoren kunnen we met vervroegd pensioen. Dat betekent dat iemand met een zwaar beroep bijvoorbeeld drie jaar eerder kan stoppen met werken, maar daar wordt nauwelijks gebruik van gemaakt.  ( 5 min )

Understand how to leverage the principal residence exclusion to reduce or eliminate paying capital gains tax.  ( 20 min )

The tax implications of opening a foreign bank account are complicated, as the IRS is hostile to U.S. citizens holding such accounts.  ( 23 min )

The Kelley School of Business is the business school of Indiana University. It offers programs in finance, accounting, marketing, and management.  ( 19 min )

The acid-test ratio is a strong indicator of whether a firm has sufficient short-term assets to cover its immediate liabilities.  ( 25 min )

Electronic statements should be accessible for as long as you'll need them. If you get paper statements, keep them for at least a year and then shred them.  ( 22 min )

Some homeowners can still qualify for a tax deduction on home equity loan interest thanks to a loophole, but only if they meet certain criteria.  ( 23 min )

Bad debt is an expense that a business incurs once the repayment of credit previously extended to a customer is estimated to be uncollectible.  ( 24 min )

Green economic theories encompass a wide range of ideas, all dealing with the interconnected relationship between people and the environment.  ( 23 min )

TRY is the abbreviation for the domestic currency used in the Turkish Republic of Northern Cyprus as well as in Turkey.  ( 18 min )

After-tax basis is used to compare the net after-tax returns on taxable and tax-exempt bonds to gauge which had a higher yield.  ( 18 min )

Improved gas mileage is good for your wallet, good for your car, and good for the environment. Here's how to achieve it.  ( 21 min )

A collection agency is a company used by lenders to recover funds that are past due or from accounts that are in default.  ( 21 min )

Coincheck is a Tokyo-based cryptocurrency exchange and digital wallet founded in 2012.  ( 22 min )

If you're changing jobs you may have the option to roll over your 401(k) into a plan. Learn more about how to transfer a 401(k) to new job.  ( 24 min )

Budget Control Act is a 2011 federal statute to increase the United States' debt ceiling, thereby avoiding the risk of sovereign debt default.  ( 22 min )

Valuing a company is a difficult task, regardless of the size of the business—but here are some methods that can help.  ( 28 min )

Insider trading is using material non-public information to trade stocks and is illegal unless that information is public or not material.  ( 26 min )

Determining stop-loss is about targeting an allowable risk threshold and should be strategically derived with the intention of limiting loss.  ( 21 min )

A bought deal is a securities offering in which an investment bank commits to buy the entire offering from the client company.  ( 19 min )

A relativity trap is a psychological or behavioral bias that leads people to make irrational choices with their spending decisions.  ( 23 min )

Learn about the just in time (JIT) production strategy and how the precise coordination and timing it requires can end up costing a business money.  ( 19 min )

Shares are a unit of ownership of a company that may be purchased by an investor.  ( 23 min )

Which entertainment sector is more profitable: movies or TV? Let’s take a look. You might be surprised by the results.  ( 19 min )

A transportation bond is a fixed-income security issued by a municipality to fund infrastructure needs related to public transportation.  ( 19 min )

Modified accrual accounting is a bookkeeping method commonly used by government agencies that combines accrual basis accounting with cash basis accounting.  ( 19 min )

An amendment is a change or addition to the terms of a contract agreement, government document, or law.  ( 19 min )

Learn the differences between margin calls and fed margin calls while reviewing the definitions of each and how to satisfy each call.  ( 20 min )

Marginal cost is the change in total cost that comes from making or producing one additional item.  ( 28 min )

The world’s richest people saw the biggest decline in wealth in more than a decade in 2022, with high net worth individuals losing $3 trillion collectively.  ( 17 min )

Austerity is defined as a state of reduced spending and increased frugality.  ( 25 min )

The SEC has always pursued insider trading as a key element of its activities. Here are a few of the most notable cases throughout the years.  ( 24 min )

Safe deposit boxes can keep certain valuables safe, but don't use one for anything you’ll need easy access to. Learn what you should, and should not, put in a safety box.  ( 25 min )

It can be difficult to send large sums of money abroad. Learn more about the top five safest ways to send and receive large sums of money internationally.  ( 22 min )

A chargeback is a charge that is returned to a payment card after a customer successfully disputes an item on their account transactions report. Learn more.  ( 21 min )

Hyperinflation describes rapid and out-of-control price increases in an economy. Learn the causes of hyperinflation and how it can impact everyday consumers.  ( 27 min )

Proof of funds (POF) refers to a document that demonstrates a person or entity has the ability and funds available for a specific transaction.  ( 22 min )

Lockbox banking is a service provided by banks to companies for the receipt of payment from customers.  ( 22 min )

Oil prices jumped more than $2 a barrel in early Asian trade on Monday, hours after the world's top exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from July. Brent crude futures was at $78.42 a barrel, up $2.29, or 3%, at 2219 GMT after earlier hitting a session-high of $78.73 a barrel. Saudi Arabia's output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the biggest reduction in years, its energy ministry said in a statement.  ( 7 min )

Oil prices jumped more than $2 a barrel in early Asian trade on Monday, hours after the world's top exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from July. Brent crude futures was at $78.42 a barrel, up $2.29, or 3%, at 2219 GMT after earlier hitting a session-high of $78.73 a barrel. Saudi Arabia's output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the biggest reduction in years, its energy ministry said in a statement.  ( 6 min )

(Bloomberg) -- President Joe Biden’s signature of legislation suspending the federal debt ceiling has given the Treasury Department the green light to resume net new debt issuance after months of disruption.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-China Handshake Fail  ( 7 min )

The biggest news this week has been Elon Musk’s visit to China, a move that has the potential to strengthen Tesla’s ties with the world’s largest auto market. It’s Musk’s first visit since the COVID-19 pandemic, and his commitment to China isn’t surprising given how much China’s vehicle sales carry the automaker’s global sales. In Q1, China accounted for over half of Tesla’s deliveries.  ( 12 min )

"It’s going to take time to adjust back to being in the office more," a spokesman said after a walkout this week.  ( 9 min )

Earnings reports from Gitlab, Ciena, J.M. Smucker, Brown-Forman, Campbell Soup, GameStop, DocuSign, Vail Resorts, and NIO. Plus, services PMI and durable goods.  ( 23 min )

Saudi Arabia has announced plans to cut its oil production by 1 million barrels per day (bpd) as the Kingdom pledged to do “whatever is necessary” to prop up sagging prices.  ( 8 min )

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Executives aim to sell the shares for between $17 and $19 apiece. The high end of that range would value Cava at around $2.2 billion.  ( 29 min )

Homeowners say they are getting bills and foreclosure threats on second mortgages they thought were taken care of long ago.  ( 23 min )

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Todd, who has anchored the Sunday program since 2014, will step down in September.  ( 28 min )

Doubling up retirement plans adds some complexity, but it could be worth it.  ( 27 min )

Airbus is closing in on a potentially record deal to sell 500 narrowbody A320-family jets to India's largest carrier, Indigo, industry sources said on Sunday. The European planemaker has emerged as front-runner for an order eclipsing Air India's historic provisional purchase of 470 jets in February, the sources said on the sidelines of an airline industry meeting in Istanbul. Airbus and Boeing are also competing in talks to sell 25 wide-body jets to the same airline, they said.  ( 6 min )

While retirement may be associated with leaving the workforce behind, most Americans plan to work past the age of 65. In fact, a 2022 study from the Transamerica Center for Retirement Studies found that around 57% of workers plan to … Continue reading → The post Best Work-from-Home Opportunities for Retirees appeared first on SmartAsset Blog.  ( 10 min )

Certificates of deposits are some of the safest investments you can make. They are not dependent on the stock market, they are protected by deposit insurance and they have clear terms that you understand going in. A bump-up CD, also … Continue reading → The post What Is a Bump-Up CD and How Is it Used to Increase Your APY? appeared first on SmartAsset Blog.  ( 8 min )

With first quarter earnings season largely done, investors will now shift focus to the Fed's next meeting and how policy updates could impact the AI-driven rally in stocks.  ( 10 min )

Retiring when you're in your 60s or younger is the goal for every worker. But can you retire comfortably at the age of 65 with $1 million? For some people, yes. But the true answer is that there is no … Continue reading → The post Can I Retire at 65 With $1 Million? appeared first on SmartAsset Blog.  ( 10 min )

It's often said that a million dollars isn't as much as it used to be – but how about $2 million? A retirement fund of that amount can provide $80,000 in annual income - without even touching the principal. While … Continue reading → The post Is $2 Million Enough to Retire on at 55? appeared first on SmartAsset Blog.  ( 11 min )

Changes to federal law governing retirement savings plans allow employers to make matching contributions to employees' 401(k) accounts using after-tax dollars as with a Roth 401(k). Employees get to choose whether contributions will be made after-tax or pretax. However, the … Continue reading → The post How Roth 401(k) Matching Works With Your Employer appeared first on SmartAsset Blog.  ( 8 min )

An annual income of $250,000 won't put you in the top 1% of earners, but it will get you close to it. That's because only 7% of households in the United States earn $250,000 per year1. How far that income … Continue reading → The post Where High Earners Lose The Most To Taxes and Cost of Living - 2023 Study appeared first on SmartAsset Blog.  ( 10 min )

Volkswagen is the latest carmaker to invest in securing its own supplies for building batteries—and capturing more profits.  ( 29 min )

A record share of first-time buyers are taking out mortgages with terms of 35 years or more as soaring costs force more Britons to sign up to a lifetime of debt.  ( 7 min )

California State Teachers’ Retirement System, the second-largest U.S. pension, didn’t budge on first-quarter stock losers Nikola, Bed Bath & Beyond, KeyCorp, and Zions.  ( 23 min )

German car makers are ramping up pressure on Brussels to avoid a post-Brexit “cliff edge” for the auto industry as officials in Whitehall race to strike a deal.  ( 9 min )

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Retailers are seeing strong growth in China after years of pandemic restrictions. The recovery is tenuous, analysts say.  ( 22 min )

New actively managed funds are giving investors broader exposure to artificial intelligence development.  ( 27 min )

OPEC and its allies will meet on Sunday to debate a new deal possibly adjusting countries' output quotas and a further cut in production, sources told Reuters, as the group faces flagging oil prices and a looming supply glut. OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, pumps around 40% of the world's crude, meaning its policy decisions can have a major impact on oil prices. Three sources familiar with OPEC+ discussions have told Reuters that additional production cuts were being discussed among options for Sunday's session.  ( 7 min )

There are 23 biotechs with negative enterprise values in the XBI and the iShares Biotechnology ETFs.  ( 22 min )

The major oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in supply to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to U.S. drivers and helped ease inflation worldwide. The 23-member group is meeting Sunday at OPEC headquarters in Vienna after sending mixed signals about possible moves. Saudi Arabia, dominant among the oil cartel's members, has warned speculators that they might get burned by betting on lower prices.  ( 9 min )

Roughly 80 miles west of the Shetland Islands, on the edges of the North Atlantic, the biggest undeveloped oil field in UK waters sits deep beneath the waves.  ( 10 min )

(Bloomberg) -- Investors who took out long positions in the euro could be in for some respite, even as a shaky outlook for the economy continues to stalk the common currency.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersQatar Airways Plans for Future Without First Class on Long-HaulUS Chides China Over Defense Talks as Navy Sails by TaiwanRich Latin Americans Transform Laid-Back Madrid Into a New MiamiTaylor Swift Argentina Tickets Are a Bargain With  ( 9 min )

Higher mortgage rates stopped both home buyers and sellers in their tracks in the spring, putting an end to the pandemic home-buying boom. Summer might not be better.  ( 22 min )

(Bloomberg) -- OPEC+ ministers meet on Sunday to hash out a deal on oil production after a last-minute fight with African members threatened to derail the gathering.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersQatar Airways Plans for Future Without First Class on Long-HaulUS Chides China Over Defense Talks as Navy Sails by TaiwanRich Latin Americans Transform Laid-Back Madrid Into a New MiamiTaylor Swift Argentina Tickets Are a Bargain With Inflation  ( 8 min )

Former British tech champion THG is facing a shareholder revolt at its investor meeting that risks deepening chief Matthew Moulding’s dislike of the London market.  ( 7 min )

OPEC and its allies meet Sunday in Vienna to decide on an output plan.  ( 29 min )

Hedge funds and other speculative investors have built up a big bet that the S&P 500 will decline, marking their most bearish positioning since 2007.  ( 27 min )

Driekwart van de Nederlandse ondernemers zegt hogere kosten niet of slechts voor een deel te kunnen doorberekenen aan klanten. Dat komt vooral omdat ze bang zijn om klanten kwijt te raken aan de concurrentie. Ook zijn prijzen vaak vastgelegd in afspraken met klanten, meldt statistiekbureau CBS.  ( 4 min )

Afrikaanse leden van oliekartel OPEC+ worden steeds meer onder druk gezet om de ruimte binnen hun doelstellingen voor olieproductie op te geven. Die ruimte willen de Verenigde Arabische Emiraten (VAE) graag gebruiken om zelf meer te kunnen produceren. Vooral Angola en Nigeria halen hun doelstellingen niet.  ( 3 min )

Egypte heeft drie sleepboten ingezet om een olietanker met motorpech in het Suezkanaal weg te slepen. Die tanker stremt het verkeer in de kortste scheepvaartroute tussen Azië en Europa.  ( 3 min )

Vermogende reizigers die vliegen met Qatar Airways kunnen binnenkort niet langer een dutje doen in een van de luxueuze ligstoelen in de eersteklas. De luchtvaartmaatschappij gaat die namelijk schrappen in de volgende generatie langeafstandsvliegtuigen.  ( 3 min )

Voor Apple-fans is het lange wachten eindelijk voorbij: maandag lanceert de techreus naar alle waarschijnlijkheid na vele jaren weer een belangrijk nieuw product. Apple komt op zijn jaarlijkse ontwikkelaarsconferentie WWDC volgens vele geruchten met een eigen virtualreality-bril (VR).  ( 4 min )

De Duitse zeepmaker Henkel, bekend van merken als Pritt en Persil, heeft de mogelijkheid om zijn activiteiten in Rusland binnen nu en tien jaar terug te kopen. Voorwaarde is wel dat de omstandigheden in en de relatie met dat land "fundamenteel" veranderen.  ( 3 min )

Steeds meer Nederlanders hebben zonnepanelen op het dak liggen. Maar wanneer produceren deze panelen nou de meeste stroom?  ( 3 min )

We krijgen deze zomer meer dollars, kronen, lira’s en Antilliaanse guldens voor een euro. De waarde van onze munt bij een wisselkantoor zit in de lift. Dat kan interessant zijn richting het vakantieseizoen. Maar je reis wordt er niet altijd goedkoper van.  ( 6 min )

Als de Eerste Kamer dinsdag met de herinvoering van de basisbeurs instemt, krijgen studenten vanaf september weer maandelijks een bedrag dat na hun opleiding een gift wordt. Dat is een opluchting voor veel studenten, al is het wetsvoorstel volgens velen verre van perfect.  ( 5 min )

A vostro account is an important part of correspondent banking in which a foreign bank provides financial services on behalf of a domestic bank.  ( 22 min )

The secured overnight financing rate (SOFR) is a benchmark interest rate for dollar-denominated derivatives and loans that replaced LIBOR.  ( 22 min )

Strengthen your marriage by understanding and dealing with these six major financial stressors.  ( 30 min )

You can take funds from your retirement account for immediate and pressing financial needs. But you'll pay a price for doing so.  ( 23 min )

A crossed check is a check that has been crossed with two parallel lines, either across the whole check or through the top left-hand corner of the check.  ( 21 min )

The Basic Attention Token (BAT) fuels the Brave browser, which aims to revolutionize digital advertising through blockchain technology.  ( 21 min )

Craig Wright claims to be Satoshi Nakamoto, the mysterious inventor of Bitcoin. But his claim is riddled with holes.  ( 24 min )

The debt limit crisis is over. For now, at least, as President Joe Biden signed a bill Saturday suspending the nation’s self-imposed borrowing limit until January 2025.  ( 17 min )

The empirical rule is a statistical theory stating that 99.7% of normally distributed data will fall within three standard deviations from the dataset's mean.  ( 26 min )

Tezos (XTZ) is a decentralized blockchain network with an associated cryptocurrency token and a colorful history.  ( 22 min )

The Ethereum blockchain transitioned to proof-of-stake in September 2022. The upgrade also set the stage for the blockchain's future.  ( 22 min )

Fee-only financial advisors get paid for their services, not by commission. Learn why that matters and why you may still want to hire one.  ( 28 min )

The world’s billionaire population fell by 3.5% in the latest year, with tech, healthcare, and real estate fortunes particularly vulnerable.  ( 18 min )

Kanye West has a net worth of $400 million as of 2023, according to Forbes. West’s net worth dropped from $2 billion after Adidas and other companies cut ties with the rapper in 2022 after antisemitic comments and offensive behavior.  ( 18 min )

Sophisticated borrowers may consider one of these interest-only loans to keep their initial mortgage payments low, but should understand the risks first.  ( 26 min )

An irrevocable letter of credit is a bank guarantee for payment by the party requesting the letter. It cannot be revoked.  ( 28 min )

Normal or bell curve distribution can be used in portfolio theory to help portfolio managers maximize return and minimize risk.  ( 24 min )

Investment management is just one part of a financial advisor's role.  ( 25 min )

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(Bloomberg) -- For over a year, bond traders been whipsawed by uncertainty about how high the Federal Reserve will push interest rates. Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersTrillion-Dollar Treasury Vacuum Coming for Wall Street RallyRich Latin Americans Transform Laid-Back Madrid Into a New MiamiChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthUS Chides China Over Defense Talks as Navy Sails by TaiwanBut that’s now giving way to a gro  ( 8 min )

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Some lawmakers are seeking legislation or action by President Biden to avoid the recurring high-stakes standoffs on Capitol Hill.  ( 30 min )

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"For new home buyers, this is the worst situation since the end of the Great Recession."  ( 6 min )

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The industry's top banker knows he can't be the boss "forever." How much longer will he stay, and who would replace him?  ( 11 min )

(Bloomberg) -- With a debt ceiling deal freshly inked, the US Treasury is about to unleash a tsunami of new bonds to quickly refill its coffers. This will be yet another drain on dwindling liquidity as bank deposits are raided to pay for it — and Wall Street is warning that markets aren’t ready.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a N  ( 9 min )

Money held in popular apps like Venmo, PayPal, and CashApp are more vulnerable to financial uncertainty because they may not offer federal deposit insurance through the FDIC or NCUA.  ( 8 min )

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President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) reached a tentative agreement to raise the U.S. debt ceiling over the weekend, allowing a ray of hope to peek through the fiscal cloud that had been hanging over D.C. This … Continue reading → The post What the Tentative Debt Ceiling Deal Means For You appeared first on SmartAsset Blog.  ( 7 min )

Eight million is the sobering figure economists urge you to remember. If the U.S. were to default on its debt, the repercussions would be large: a staggering loss of more than 8 million jobs, accompanied by a protracted recession that could … Continue reading → The post Investor Panic: Potential Consequences of a U.S. Debt Default Revealed appeared first on SmartAsset Blog.  ( 12 min )

Dividends are payments that some companies make to shareholders to reward them for investing in them. Dividends can provide regular, predictable income to investors who also preserve the chance of profiting from price appreciation. Dividends can qualify for advantageous capital … Continue reading → The post How Do I Avoid Paying Tax on Dividends? appeared first on SmartAsset Blog.  ( 8 min )

How long will $300,000 last in retirement? The answer to that depends on a variety of things: your lifestyle, your lifespan, your investments and any other income you have, to start. Let's break down whether $300,000 is enough for your … Continue reading → The post How Long Will $300,000 Last in Retirement? appeared first on SmartAsset Blog.  ( 9 min )

A 401(k) is an employer-sponsored, tax-advantaged retirement plan. You fund this account by contributing a set percentage of your paycheck into the account. One of the biggest perks of a 401(k) plan is that employers have the option to match your … Continue reading → The post How the Employer Match Works With the 401(k) Limit appeared first on SmartAsset Blog.  ( 9 min )

Now might be a good time to buy. That's the takeaway from a recent Morningstar analysis, which reported in on a seeming contradiction in stock prices. The market as a whole, Morningstar writes, is expensive. But those prices are a bargain … Continue reading → The post Looking for Bargain Stocks? Morningstar Says These Are Cheap appeared first on SmartAsset Blog.  ( 10 min )

Retiring before you're 50 may sound like a pipe dream, but a nest egg of $2 million can make this a reality. The question is, how can you save that amount in only about two decades? Depending on your circumstances, … Continue reading → The post How to Retire at 45 With $2 Million appeared first on SmartAsset Blog.  ( 11 min )

It may seem like an odd notion, but it is possible to save too much money. You may have financial habits that allow you to sock away tons of money but cause your current quality of life to deteriorate. As … Continue reading → The post Am I Saving Too Much for Retirement? appeared first on SmartAsset Blog.  ( 9 min )

To some people, $3 million will sound like a lot. You probably think $3 million is enough to retire if you're among that crowd. But retiring with $3 million at 65 can last depending on your longevity, lifestyle and other … Continue reading → The post Is $3 Million Enough to Retire at 65? appeared first on SmartAsset Blog.  ( 8 min )

A Roth individual retirement account (IRA) can be a helpful tool for retirement planning. These tax-advantaged accounts offer a way to save money in addition to what you might be contributing to a 401(k) or similar workplace plan. And if … Continue reading → The post Roth IRA Income Limits for 2023 appeared first on SmartAsset Blog.  ( 10 min )

Taking money out of a 401(k) is a big decision. The specifics of how to take money out of a 401(k) plan depend on your age, employer plan, whether you're still working for the company that sponsors your 401(k) plan … Continue reading → The post How to Take Money Out of a 401(k) Plan appeared first on SmartAsset Blog.  ( 9 min )

With all the attention on ChatGPT, here is how to choose an AI fund. They’re not all alike.  ( 28 min )

If you haven’t gone to therapy yet, here’s your sign: Addressing your childhood trauma could be critical for your career.  ( 9 min )

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Employment is soaring yet output is falling, by one measure. Blame a historic slump in productivity.  ( 27 min )

In the last decade between 2012 and 2022, the median job tenure has dropped from 4.6 years to 4.1 years.  ( 9 min )

If you're buying a Tesla Model 3 in the US, you can now get the maximum possible federal tax credit of $7,500 no matter what make you're getting.  ( 6 min )

If you want to use tax losses from individual equities or mutual funds to offset gains elsewhere, it is key to use an accounting system that allows you to specify which shares can be sold.  ( 22 min )

The chip giant says its Arizona hiring is on schedule, but recruiters say the company is a hard sell.  ( 14 min )

As the world’s biggest oil producers gather to decide on a production plan, the spotlight is on Prince Abdulaziz bin Salman’s fixation on traders whose bets can cause crude prices to fall.  ( 29 min )

(Bloomberg) -- Roiled by rising borrowing costs and falling valuations that wiped out $148 billion of shareholder value, European landlords are bracing for a new wave of pain. Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Million PayoutsInside the Making of Redfall, Xbox’s Latest Misfir  ( 9 min )

Whitney rose to prominence as an Oppenheimer analyst and went on to a career in startups. Now she's ready for a new chapter.  ( 22 min )

It is more than a century since the first jobless benefits were paid in Britain, when David Lloyd George’s Liberal government introduced unemployment insurance through the National Insurance Act of 1911.  ( 12 min )

Markets cheered the end of the debt ceiling showdown as the Senate sent the bill to raise the US borrowing limit to President Biden's desk.  ( 7 min )

Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have far fewer branches than peers.  ( 28 min )

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Bouwbedrijf Heijmans heeft zaterdag het predicaat koninklijk gekregen. De bouwer uit Rosmalen bestaat honderd jaar en krijgt bij dat jubileum de royale titel uitgereikt. Shell en DSM verloren onlangs nog hun kroon. Hoe zit het met het predicaat koninklijk?  ( 5 min )

De Amerikaanse president Joe Biden heeft zaterdag zijn handtekening gezet onder het wetsvoorstel dat de verhoging van het schuldenplafond regelt. Daarmee is voorkomen dat de VS zijn financiële verplichtingen niet meer kan nakomen.  ( 4 min )

Ga je deze zomer buiten Europa op vakantie, denk dan goed na over het gebruik van je smartphone. Met een beetje pech verbruik je in enkele seconden voor tientallen euro's aan mobiel dataverkeer. Gelukkig zijn er manieren om te voorkomen dat je thuis een dikke telefoonrekening op de mat vindt.  ( 5 min )

De Amerikaanse president Joe Biden ondertekent mogelijk zaterdag al het wetsvoorstel dat de verhoging van het schuldenplafond regelt, laat een regeringswoordvoerder weten.  ( 4 min )

Er zijn vijfhonderd e-mailadressen van gepensioneerden bij pensioenfonds ABP gelekt. Het lek kwam tot stand door een "menselijke fout" bij het verzenden van een e-mail, zegt een woordvoerder van ABP.  ( 2 min )

Zon, zee en strand blijven voor veel Nederlanders populaire ingrediënten voor hun zomervakantie. Tegelijkertijd zitten actieve vakanties naar noordelijker landen in de lift, ziet een aantal bedrijven uit de reisbranche.  ( 4 min )

Zon, zee en strand blijven voor veel Nederlanders populaire ingrediënten voor hun zomervakantie. Tegelijkertijd zitten actieve vakanties naar noordelijker landen in de lift, ziet een aantal bedrijven uit de reisbranche.  ( 4 min )

Voor Eerste Kamerleden bestaat geen vacaturesite. Ze worden gekozen door de leden van de Provinciale Staten, die op hun beurt weer zijn gekozen door ons. De 75 nieuwe Eerste Kamerleden blijven in principe vier jaar aan.  ( 5 min )

The Dow moved up by more than 700 points after the Labor Department's stronger-than-expected jobs report.  ( 1 min )

It's possible that Saudi Arabia brings a more assertive stance to the table when OPEC+ holds its meeting on Sunday.  ( 8 min )

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All new Tesla Model 3 vehicles will now qualify for the full $7,500 federal EV tax credit, according to a change in Tesla's website. The EV tax credits were mandated by Congress last August as part of the Inflation Reduction Act, with the goal of ending U.S. reliance on China for batteries. The full $7,500 tax credit is broken into two parts.  ( 6 min )

Changes in the Federal Reserve’s balance sheet, the Treasury’s cash balances, bank reserves, and other factors will probably affect equities.  ( 22 min )

Company said it removed certain produced content from its DTC segment on May 26.  ( 27 min )

Regulators don't have a clear view into the huge world of nonbank finance, or 'shadow banking.' Barron's peers into this opaque world.  ( 75 min )

LS Power purchased 5.9 million shares in EVgo’s recent stock offering. EVgo Chairman David Nanus is on LS Power’s management committee.  ( 22 min )

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Two of the banking industry's top executives discussed the slowdown they expect to see this year on Wall Street.  ( 8 min )

(Bloomberg) -- The relentless rally in big tech, options positioning and bets on a Federal Reserve pause following a mixed jobs report put stocks on the verge of a bull market.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiInside the Making of Redfall, Xbox’s Latest MisfireHedge Funds at War for Top Traders Dangle $120 Million Payout  ( 8 min )